In the first quarter of 2023, SOCAR increased drilling volumes by 8 %

The drilling volume of the drilling departments of SOCAR (State Oil Company of Azerbaijan) in January-March 2023 amounted to 19,732 meters, SOCAR's quarterly report. "Compared to the indicator of the first quarter of 2022, SOCAR has achieved growth in drilling volumes. The company drilled 19,732 meters, by 7.6% more than in the same period last year," SOCAR reports. It should be noted that in 2022, the volume of drilling by SOCAR drilling departments amounted to 73,084 meters (an increase of 18.6%).

Source: Turan News Agency