SOCAR reduces drilling 16% in 9 mths
BAKU. Oct 7 (Interfax) - The drilling divisions of State Oil Company of the Azerbaijani Republic (SOCAR) reduced drilling 16.1% in January-September 2009 year-on-year to 131,581 meters, SOCAR told Interfax.
Exploration drilling totaled 2,860 meters and production drilling amounted to 128,721 meters.
The divisions drilled 13,161 meters in September, including 11,269 meters of production well and 1,892 meters of exploration well.
SOCAR plans to drill 110,000 metes of exploration well in 2008-2015.