In the entire history of Dagneftegaz five new wells have been drilled with average depth of about 4.500 m. The Company's prospects are related to geological exploration at the Safarali, Karabudakhkent, Karatyube, Karlanyurt, Western Izberbash areas, as well as further involvement in development of residual reserves at existing fields.
Today, one of the main tasks of our Company is to maintain the achieved level of extraction from the existing wells by carrying out WO operations and current WO operations, as well as restoring wells from the liquidated fund. In addition, Dagneftegaz OJSC intends to increase the volume of oil and gas production by drilling new wells and WO operations of the existing ones. Hydraulic fracture is one of the priorities in the field of increasing oil extraction from the existing wells.