Asset Report

Dostlug (Azerbaijan)

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The offshore Dostlug oil and gas field is located in the south Caspian Sea and is proposed for a cross-border development by Azerbaijan and Turkmenistan. It was previously the subject of a maritime border dispute between the two countries. In 2021, they signed an MoU for joint appraisal and development. The deposit was formerly known as Serdar in Turkmenistan and Kapaz in Azerbaijan.Dostlug is the largest discovered resource opportunity in historically disputed waters in the Caspian Sea. ...

Table of contents

  • Summary
    • PSC in Turkmenistan (Buried Hill Energy)
    • Activity to date
    • Contingent resources
    • In place volumes
    • Key development metrics (for full cross-border field)
  • Capital costs
    • Field costs
    • Abandonment fund payments
    • Transportation costs
  • Overview
  • PSC in Turkmenistan
  • Gas price
  • Global Economic Model (GEM) file
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

  • Index map
  • Dostlug map
  • Sub-commercial field
  • Reservoir and hydrocarbon quality
  • Discovery summary
  • Contingent Resources (2C) at 01/01/2026

What's included

This report contains:

  • Document

    Dostlug (Azerbaijan)

    XLS 270.50 KB

  • Document

    Dostlug (Azerbaijan)

    PDF 2.38 MB