Binegedi Project is a producing conventional oil field located onshore Azerbaijan and is operated by Binegedi Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Binegedi. Buy the profile here.

Field participation details

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

Production from Binegedi Project

The Binegedi Project conventional oil field recovered 58.35% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 2.79 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2076.

Remaining recoverable reserves

The field is expected to recover 13.92 Mmboe, comprised of 13.76 Mmbbl of crude oil & condensate and 0.97 bcf of natural gas reserves.

For more details on the Binegedi Project Conventional Oil Field, buy the profile here.


GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.