Insight

Caspian Sea: production underpinned by incremental phases

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

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).

What's included

This report contains

  • Document

    Caspian Sea: production underpinned by incremental phases

    PDF 1.02 MB

Table of contents

  • Executive summary
    • Exploration – not a priority
    • Development
    • Infrastructure
    • Renewed exploration – dependent on rig availability
    • Development
    • Existing projects to continue as planned
    • Pre-FID projects could be simplified or delayed
    • Infrastructure
    • Swaps with Iran
  • Caspian Sea – the three key variables
  • Appendix

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

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898