Pirsaat is a producing conventional oil field located onshore Azerbaijan and is operated by AzShengli Operating. The field is located in block Pirsahhat.
Field participation details
The field is owned by Petro-Hong-Kong-Pirsaat Oil, State Oil Company of the Azerbaijan Republic and Middle East Petroleum Services.
Production from Pirsaat
The Pirsaat conventional oil field recovered 34.69% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.19 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 0.71 Mmboe, comprised of 0.71 Mmbbl of crude oil & condensate.
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.