Muradkhanli Project is a producing conventional oil field located onshore Azerbaijan and is operated by State Oil Company of the Azerbaijan Republic. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Muradkhanli-Jafarli-Zardab. Buy the profile here.
Field participation details
The field is owned by State Oil Company of the Azerbaijan Republic.
Production from Muradkhanli Project
The Muradkhanli Project conventional oil field recovered 15.03% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 1.99 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2080.
Remaining recoverable reserves
The field is expected to recover 13.90 Mmboe, comprised of 13.90 Mmbbl of crude oil & condensate.
About State Oil Company of the Azerbaijan Republic
State Oil Company of the Azerbaijan Republic (SOCAR) is a state-owned oil and gas company. It carries out exploration and production; gas processing and oil refining activities; construction and rehabilitation of gas pipelines and filling stations; transportation, distribution and sale of oil, natural gas, and gas condensate; and marketing of petroleum and petrochemical products. The company operates a gas processing plant producing natural gasoline, processed and liquefied gas; and Heydar Aliyev Baku oil refinery plant processing Azerbaijan crude and petroleum products. SOCAR's project portfolio includes Absheron, Azeri Chirag Deep Water Gunashli, Bahar Gum Deniz, Binegedi, Kurovdagh fields and others. It has operations in Georgia, Turkey, Romania, Switzerland, Germany, Singapore, Nigeria and Ukraine. SOCAR is headquartered in Baku, Azerbaijan.
For more details on the Muradkhanli Project Conventional Oil Field, buy the profile here.
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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.
