Asset Report
Kursanga-Garabagly Contract Area
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 historical ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
-
PSC
- Contract period
- 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
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
-
Oil price
- Export
- Domestic
- Gas price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 28 images and tables including:
- 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
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Kursanga-Garabagly production profile
- Infrastructure: Table 1
- Fiscal and regulatory: Table 1
- Participation: Table 1
- Geology: Table 1
- Geology: Table 2
- Geology: Table 3
- Geology: Table 4
- Geology: Table 5
What's included
This report contains:
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