Asset Report
Global Energy assets
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Global Energy is Azerbaijan's largest onshore oil producer. Global Energy was a direct subsidiary of Russneft (Russia). In 2024, Russneft sold its stake - we assume to private investors. Its portfolio comprises five PSCs in the east of the country: Binagady Area, Govsany-Zykh, Kelameddin-Mishovdag, Kurovdag and Neftechala Area. State-owned SOCAR also participates in each projectAt present, gross oil output is around 9,000 b/d. Long-term production decline from the mature fields - some ...
Table of contents
- Summary
- Key Issues
-
Global Energy
- Overview
- Historical background
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PSCs
- Overview
- Expiry dates
- Overview
- Reservoirs
- Historical E&A activity
-
Key recent E&A activity
- Govsany-Zykh
- Padar exploration block (relinquished in 2019)
- Reserves
- Contingent resources
- Oil
-
Gas
- Key development metrics
- 13 more item(s)...
Tables and charts
This report includes the following images and tables:
- Index map
- Global Energy assets map
- Key productive horizons
- Hydrocarbon and reservoir quality
- Key recent E&A wells
- Discovery summary
- Reserves (2P) at 01/01/2026
- Contingent Resources (2C) at 01/01/2026
- Production (2015-2024)
- Binagady Area PSC production profile
- Govsany-Zykh PSC production profile
- Kelameddin-Mishovdag PSC production profile
- 41 more item(s)...
What's included
This report contains:
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