Gobustan Project is a producing conventional gas field located onshore Azerbaijan and is operated by BP. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block South West Gobustan (Coastal, Central, Northern). Buy the profile here.

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Field participation details

The field is owned by BP, Others, State Oil Company of the Azerbaijan Republic and Vitol Holding II.

Production from Gobustan Project

The Gobustan Project conventional gas field recovered 86.54% of its total recoverable reserves, with peak production in 2012. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.

About BP

BP Plc (BP) is an integrated oil and gas company. Its upstream operations include exploration, development and production of oil and natural gas, field development and production; and midstream operations include transportation, and marketing and trading of natural gas, including liquefied natural gas (LNG), and natural gas liquids (NGLs). The company’s downstream operations include marketing, transportation, refining, manufacturing, supply and trading of crude oil, petroleum, petrochemical products and provision of related services to wholesale and retail customers. BP provides fuel, energy, lubricants and petrochemicals to customers. The company has operational presence in Africa, Asia, Europe, Australasia, North America, and South America. BP is headquartered in London, Greater London, the UK.

For more details on the Gobustan Project Conventional Gas Field, buy the profile here.

This content was updated on 14 May 2024

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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.