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Caspian Sea: production underpinned by incremental phases

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Report summary

The Caspian Sea production profile remains underpinned by the three mega projects: Azeri Chirag Guneshli and Shah Deniz in Azerbaijan and Kashagan in Kazakhstan. However the extent of this dominance is dependent on the scope and timing of future development phases. Additional upside could come from a handful of other assets but the low oil price environment has cast doubt over their viability. Wood Mackenzie shares its views on project timelines capital expenditure rig movements as well as exploration wells to be drilled out to 2020. Furthermore we highlight the key variables which we assume will determine the fate of activity in the Caspian Sea. Regional 'wells to watch' are included in our new Exploration Well Tracker tool (subject to subscription).

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    Caspian Sea production underpinned by incremental phases.xls

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Table of contents

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Tables and charts

This report includes 5 images and tables including:

Images

  • Key fields and infrastructure in the Caspian Sea
  • Caspian Sea production to 2030
  • Production by project status
  • Key projects by start-up date

Tables

  • Table: Offshore wells to watch 2015-2020

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