SOCAR Q3 2026: drilling, production, processing and export results
- Drilled 21,176 metres in Q3 2026, a 74.3% increase year‑on‑year.
- Fields operated by SOCAR produced 1,717,082 tonnes of oil and 1,696,518,000 cubic metres of gas in Q3 2026.
- SOCAR exported 3,916,748 tonnes of oil to international markets in the quarter.
- Exported 657,421 tonnes of oil, petrochemical and gas‑chemical products, up 2.8% year‑on‑year.
Drilling
In the third quarter of 2026 SOCAR carried out 21,176 metres of drilling, representing a 74.3% increase compared to the same period of the previous year.
Production and processing
Fields operated by SOCAR independently or as a major shareholder produced 1,717,082 tonnes of oil and 1,696,518,000 cubic metres of gas in Q3 2026. Nationwide gas production amounted to 12,473,123,000 cubic metres and nationwide crude oil production was 6,590,477 tonnes. SOCAR processed 1,626,513 tonnes of oil and 631,732,641 cubic metres of gas during the reporting period.
Exports and consumption
SOCAR exported approximately 3,916,748 tonnes of oil to international markets in Q3 2026; this volume includes SOCAR’s own production and profit‑oil shares belonging to the Azerbaijani state and SOCAR from international consortia. Nationwide natural gas exports exceeded 5,738,088,093 cubic metres while domestic gas consumption amounted to 2,274,953,000 cubic metres. A total of 657,421 tonnes of oil, petrochemical and gas‑chemical products manufactured at SOCAR’s facilities in Azerbaijan were exported, an increase of 2.8%.
Source: SOCAR