SOCAR continues onshore well drilling

SOCAR has started a new well drilling at the Saadan onshore deposit. The depth of well # 1804 will be 1,400 m. Drilling is performed by the drilling trust of the company which will be executed up to production layer of Maikop.

Saadan is located at the Prikaspian-Gubinsky oil and gas production area. Active drilling has been performed for several years there. Daily debits of the well are small, up to 5 tons but drilling expenses will be reasonable with the high oil price

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

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