SOCAR’s drilling volume rose 74.3% in the third quarter

The company produced 1.7 million tonnes of oil and 1.7 billion cubic metres of gas during the quarter.

SOCAR carried out more than 21,000 metres of drilling in the third quarter of 2026. Azerbaijan’s oil production totalled 6.6 million tonnes during the period.

Author: Робот Source: State Oil Company of Azerbaijan

Equipment at an oil and gas production facility in Azerbaijan. — SOCAR production facilities in Azerbaijan. Illustrative photo. Photo: SOCARTürkiye / Wikimedia Commons, CC BY-SA 4.0

SOCAR carried out 21,176 metres of drilling in the third quarter of 2026, up 74.3% from the same period last year.

Fields operated by the company independently or as the main stakeholder produced 1,717,082 tonnes of oil and 1,696,518,000 cubic metres of gas. Nationwide gas production reached 12,473,123,000 cubic metres, while oil production totalled 6,590,477 tonnes.

SOCAR exported about 3,916,748 tonnes of oil during the reporting period. The figure includes oil produced by the company as well as Azerbaijan’s and SOCAR’s profit shares from oil produced by international consortia operating in the country.

Natural gas exports from Azerbaijan exceeded 5,738,088,093 cubic metres, while consumption was about 2,274,953,000 cubic metres.

In the third quarter, SOCAR processed more than 1,626,513 tonnes of oil and about 631,732,641 cubic metres of gas. Its facilities in Azerbaijan exported 657,421 tonnes of oil, petrochemical and gas-chemical products. Exports of these products increased by 2.8%.

Translated from Azerbaijani using artificial intelligence. Source: State Oil Company of Azerbaijan

Countries:

Azerbaijan

Tags:

Oil and Gas

SOCAR’s drilling volume rose 74.3% in the third quarter

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