Country report
Azerbaijan upstream summary
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Report summary
Upstream industry dominated by two offshore megaprojects The BP operated Azeri Chirag Guneshli (ACG) oil field and Shah Deniz gas condensate field account for the majority of production and investment.ACG focus: stabilising production and securing a PSC extension The six billion barrel ACG oil field peaked at 823 000 b/d in 2010 with output since declining to about 600 000 b/d. In 2016 BP and partners signed a Letter of Intent to extend PSC expiry from 2024 to 2050. Talks to finalise ...
What's included
This report contains
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
- Geology
- Exploration
- Reserves and resources
- Production
- Infrastructure
- Costs
- Policy and regulation
- Fiscal terms
Tables and charts
This report includes 60 images and tables including:
Images
- Liquids production by field
- Gas production by key fields
- Location maps: Image 1
- Remaining Commercial and Technical Reserves at 01/01/2017
- Liquids and Gas Production 2017
- Azerbaijan: sedimentary basins and geological trends
- Simplified tertiary stratigraphy
- Absheron province: Productive Sequence litho-stratigraphic units
- Middle and Upper Productive Sequence: local stratigraphic nomenclature
- Remaining and produced commercial reserves at 01/01/2017 (p+p)
- South Caspian basin: tectonic elements
- Block awards and relinquishments
- Active licences: exploration and production
- Commercial liquid reserves by region at 01/01/2017 (p+p)
- Commercial gas reserves by region at 01/01/2017 (p+p)
- Liquids production by sector
- Liquids production by basin
- Liquids production by field
- Gas production by sector
- Gas production by basin
- Gas production by key fields
- Azerbaijan: oil infrastructure
- Azerbaijan: rail network
- Azerbaijan: gas infrastructure
- Map of agreed Russia-Kazakh line and Azerbaijan proposed area
- Map of agreed Russia-Kazakh line and Turkmenistan proposed area
Tables
- Key facts: Table 1
- Reserves and resources: Table 2
- Reserves and resources: Table 3
- Reserves and resources: Table 4
- Infrastructure: Table 1
- Infrastructure: Table 2
- Infrastructure: Table 3
- Exploration: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production: Table 3
- Production: Table 4
- Production: Table 5
- Production: Table 6
- Production: Table 7
- Production: Table 8
- Production: Table 9
- Production: Table 10
- Production: Table 11
- Production: Table 12
- Infrastructure: Table 4
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Fiscal terms: Table 6
- Fiscal terms: Table 7
- GEM models
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