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, with PSC extension confirmed - 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 end-2049. Terms were ...

What's included

This report contains

  • Document

    Country Overview

    PDF 1.89 MB

  • Document

    Country Overview

    XLS 1.20 MB

  • Document

    Country Overview

    ZIP 2.82 MB

  • Document

    Executive summary

    PDF 112.36 KB

  • Document

    Key facts

    PDF 65.83 KB

  • Document

    Location maps

    PDF 154.61 KB

  • Document

    Key companies

    PDF 113.40 KB

  • Document

    Geology

    PDF 332.03 KB

  • Document

    Exploration

    PDF 256.49 KB

  • Document

    Reserves and resources

    PDF 161.19 KB

  • Document

    Production

    PDF 189.15 KB

  • Document

    Infrastructure

    PDF 615.96 KB

  • Document

    Costs

    PDF 98.20 KB

  • Document

    Policy and regulation

    PDF 522.39 KB

  • Document

    Fiscal terms

    PDF 134.80 KB

Table of contents

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 01/01/2018
  • 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 01/01/2018 (p+p)
  • South Caspian basin: tectonic elements
  • Block awards and relinquishments
  • Active licences: exploration and production
  • Commercial liquid reserves by region at 01/01/2018 (p+p)
  • Commercial gas reserves by region at 01/01/2018 (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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