The Binagady and Neftechala Areas are two onshore PSCs in Azerbaijan, in which GCM Global Energy is the leading participant. The company holds interests in five oil rehabilitation projects in Azerbaijan, with the Binagady and Neftechala assets ranking as two of the lowest in production terms. Both PSCs include a group of highly mature oil fields, where production peaked in the middle of the last century.The Binagady Area fields are located in the northern outskirts of Baku, whilst the ...
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Asset report | Aug 2015
Binagady and Neftechala Areas
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