The Western Absheron field is owned by SOCAR’s Absheronneft Oil & Gas Extraction Department.
SOCAR-AQS carries out the drilling operations on the field on the basis of an agreement.
SOCAR produced 6.2 million tons of oil at Azerbaijan’s offshore and onshore fields in January-October 2017, as compared to 6.32 million tons in the same period of 2016.
SOCAR produced 7.52 million tons of oil at those fields in 2016, as compared to 8.16 million tons in 2015. Along with SOCAR, foreign companies also extract oil in Azerbaijan. In total, 41.03 million tons of oil were produced in Azerbaijan in 2016, as compared to 41.58 million tons in 2015, according to SOCAR.
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