Pirsaat is a producing conventional oil field located onshore Azerbaijan and is operated by AzShengli Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Pirsahhat. Buy the profile here.
Field participation details
The field is owned by Middle East Petroleum Services, Petro-Hong-Kong-Pirsaat Oil and State Oil Company of the Azerbaijan Republic.
Production from Pirsaat
The Pirsaat conventional oil field recovered 50.33% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 0.17 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 0.71 Mmboe, comprised of 0.71 Mmbbl of crude oil & condensate.
For more details on the Pirsaat Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
