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DeGolyer and MacNaughton Signs Cooperative Agreement with SOCAR

DeGolyer and MacNaughton Signs Cooperative Agreement with SOCAR

November 9, 2017

DeGolyer and MacNaughton Signs Cooperative Agreement to help SOCAR Improve Performance and Development of Azerbaijani Oil and Gas Fields

D&M’s John Wallace and Martin Wiewiorowski met this week with Rovnag Abdullayev, the President of SOCAR, to sign an agreement to help SOCAR, the state-owned oil and gas company, improve the efficiency of field development efforts in the country’s oil and gas fields.

According to a statement issued by the Azerbaijani Government, D&M will review the development plans for 20 fields and prepare recommendations for increasing oil production and recovery, reducing oil production costs, and defining short-term strategic goals. D&M will also participate in the implementation of those recommendations.



SOCAR announces Cooperative Agreement

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