Asset Report
Block Energy fields
Report summary
London-listed Block Energy operates a portfolio of onshore oil and gas fields in Georgia. It entered the country in 2017 and, in 2020, significantly expanded its operations via acquisition of two blocks from Schlumberger.In 2023, production was approximately 660 boe/d. Most of the fields were developed in the Soviet era, when production from the large Samgori-Patardzeuli deposit alone peaked at almost 70,000 boe/d in the early 1980s. Block Energy has begun a comprehensive redevelopment ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
-
Corporate
- Block Energy
- Georgia Oil and Gas Limited (GOG)
- PSCs
-
Corporate
-
Geology
- Overview
- Well data
-
Exploration
-
Historical E&A activity
- Overview
- Schlumberger activity (blocks 9 and 11B, 2017-20)
-
Key Block Energy E&A activity
- Block 11F (West Rustavi)
- Block 11B
-
Historical E&A activity
-
Reserves and resources
- Reserves
- Contingent resources
-
Production
- Modelling
- Historical production (pre-2018)
-
Development
- Key development metrics
-
Infrastructure
- Oil
- Gas
- Costs
-
Sales contracts
- Gas
- Fiscal and regulatory
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 25 images and tables including:
- Key facts: Table 1
- Index map
- Block Energy fields map
- Well data: Table 1
- Exploration: Table 1
- Capital costs
- Costs: Table 2
- Operating costs
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Participation: Table 1
- Geology: Table 1
- Geology: Table 2
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Production profile
- Sales contracts: Table 1
What's included
This report contains:
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