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December 1, 2021updated 27 Apr 2022 12:35pm

Kurovdag Conventional Oil Field, Azerbaijan

By Carmen

Kurovdag is a producing conventional oil field located onshore Azerbaijan and is operated by Shirvan Operating. The field is located in block Kurovdagh.

Field participation details

The field is owned by NK RussNeft, Others and State Oil Company of the Azerbaijan Republic.


Production from Kurovdag

The Kurovdag conventional oil field recovered 52.65% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 5.47 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071.


Remaining recoverable reserves

The field is expected to recover 26.36 Mmboe, comprised of 26.15 Mmbbl of crude oil & condensate and 1.27 bcf of natural gas reserves. Kurovdag conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil 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.

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