Bahar and Gum Deniz is a producing conventional gas field located in shallow water in Azerbaijan and is operated by Bahar Energy Operating. The field is located in block Bahar and Gum Deniz, with water depth of 33 feet.
Field participation details
The field is owned by Greenfields Petroleum and State Oil Company of the Azerbaijan Republic.
Production from Bahar and Gum Deniz
The Bahar and Gum Deniz conventional gas field recovered 38.27% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 1.53 thousand bpd of crude oil and condensate and 34 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2064.
Remaining recoverable reserves
The field is expected to recover 31.26 Mmboe, comprised of 3.88 Mmbbl of crude oil & condensate and 164.3 bcf of natural gas reserves. Bahar and Gum Deniz conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
Methodology
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.