Azgerneft Project is a producing conventional oil field located onshore Azerbaijan and is operated by AzGerneft. The field is located in block Balakhany-Sabunchu-Ramana-Kurdakhany.
Field participation details
The field is owned by State Oil Company of the Azerbaijan Republic and Uge-Lanser.
Production from Azgerneft Project
The Azgerneft Project conventional oil field recovered 52.73% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 1.87 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2061.
Remaining recoverable reserves
The field is expected to recover 5.5 Mmboe, comprised of 5.5 Mmbbl of crude oil & condensate.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.