 | 2-month offshore drilling plan fulfilled |
In January-February 2001, SOCAR drilled 21,975 meters, or 97.5% of the plan and 99.4% of last year’s.
13,543 meters were drilled offshore (110.7%) and 8,432 meters (81.8%) onshore.
The best performance (121.1%) was reached in exploratory drilling, with 1,272 meters drilled. Both off and onshore, the plan has been over-fulfilled by 2 and 46.7% respectively.
Production drilling constituted 20,703 meters (96.4%) thanks to excellent performance by offshore workers – 12,931 meters (111.2%). 7,772 meters were drilled onshore (78.9%).*
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Issue: March, 3, 2001
POLITICS
President Aliyev leaves for Paris500th anniversary of Sefevid state to be markedAround 400 NGOs in Azerbaijan
ECONOMICS2-month offshore drilling plan fulfilledProduction boom thanks to oil extractionState enterprises pay AZM1.5 trillion in taxBank expanding network of int'l transfersNew grant program announcedFood make up two thirds of turnoverInterior design, construction exhibition due in BakuUnderground seeking investors
ECOLOGYCaspian is no North Sea
NEWS OF BAKUBars to work till midnight
MISCELLANEOUSInt'l conference on refugees expected
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