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
- Summary
-
Key Issues
- Licence extension
- Operator
-
Ownership
- GL Investment
- CNPC ownership (to 2021)
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Kursanga
- Structure
- Reservoirs
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Garabagly
- Structure
- Reservoirs
- Initial E&A activity (pre-1999)
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PSC (1999 onwards)
- Historical activity
- Future activity
- Overview
- Oil
- Gas
- Oil
- 8 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapKursanga-Garabagly mapReserves (2P) at 01/01/2026
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Contingent Resources (2C) at 01/01/2026Production (2015-2024)Kursanga-Garabagly production profilePipeline summaryCapital Costs Pre-2015 to 2023 (US$ million)Operating Costs 2024 to 2033 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)
- 10 more item(s)...
What's included
This report contains:
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