Asset Report
Kursanga-Garabagly Contract Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Salyan Oil JV operates the onshore Kursanga and Garabagly fields. In September 2021, CNPC and Kunlun Energy Company (China) agreed to sell their combined 50% stake to GL Investment, a private Azerbaijan-based firm. CNPC and its subsidiaries had been involved in the project – their only Azerbaijani asset –since the early 2000s.Kursanga and Garabagly were discovered in the Soviet era and have been redeveloped since the 1990s. However, both are mature, with production far below ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
-
PSC
- Licence extension
- Operator
-
Ownership
- GL Investment
- CNPC ownership (to 2021)
-
PSC
-
Geology
-
Kursanga
- Structure
- Reservoirs
-
Garabagly
- Structure
- Reservoirs
-
Kursanga
-
Exploration
- Initial E&A activity (pre-1999)
-
PSC (1999 onwards)
- Historical activity
- Future activity
-
Reserves and resources
- Overview
- Oil
- Gas
-
Production
- Oil
- Gas
-
Development
- Key development metrics
-
Infrastructure
- Oil
- Gas
- Costs
-
Fiscal and regulatory
- Cost carry
- Bonuses
- Cost oil
- Profit oil
- Profit tax
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Kursanga-Garabagly map
- 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
- 16 more item(s)...
What's included
This report contains:
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