Azerbaijan : DRILLING WORK 1.7 fold was lowered by SOCAR this August.
If not to take into account drilling operations by joint ventures (JVs) and operating companies (OCs) it was drilled 10,075 m in August versus 17.414 m in July (best month indicator for the entire history) and 14,866 m in September 2011 (last year s best indicator), informed by the SOCAR.
In February 2010 (12,890 m), the volume of drilling was the best index of 2010, and 17,399 m in April of 2009 was the best index over the last few years. At that, this August development drilling made up 9,773 m and exploration drilling 302 m and wildcat drilling 170 m.
According to the report, "For Jan-Aug 2012 it was carried out 99,844 m of drilling works, including 94,670 m of development and 5,174 m of exploration drilling (2,150 m of wildcat drilling)."
Plans for 2012, were not published by the Company, however in 2011 its drilling works totaled 147,287 m, consisting133, 343 m of development and 13,944 m of exploration drilling (including 2,550 m of wildcat drilling).
For 2010, drilling totaled 136,324 m against 168,182 m, whereas for 2009 and 2008, 202,954 m respectively.
Development drilling totaled 127,858 m in 2010, and exploration drilling 8,466 m against 160,326 m of development and 7,856 m of exploration drilling in 2009.
This year they are planning to drill 280,000 m against 270,000 m in 2011, said by SOCAR vice president Khoshbakht Yusifzadeh.
2012 Al Bawaba (Albawaba.com)
Provided by Syndigate.info an Albawaba.com company
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|Date:||Sep 10, 2012|
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