Asset Report

Muradkhanli Contract Area

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State-owned SOCAR currently operates the onshore Muradkhanli Contract Area, which contains three core oil fields: Muradkhanli, Jafarly and Zardab. In 2020, London-listed Zenith Energy exited a production rehabilitation and exploration PSC that was signed in 2016.All the fields were discovered during the Soviet era, and Muradkhanli and Jafarly are mature. Current production is extremely low, at around 200 b/d. This is far below historical peaks.Previous investment in redevelopment focused on ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
    • Current status
    • Historical participation
      • Zenith Energy PSC (2016-20)
      • Initial PSC (1998-2001)
    • Muradkhanli
      • Upper Cretaceous
      • Middle Eocene
      • Other reservoirs
    • Jafarly
    • Zardab
  • Well data
  • Exploration
    • Overview
    • Oil
      • Reported data
      • Modelling
      • Upside
    • Gas
    • Oil
      • Historical production
      • Future production
    • Overview
    • Historical activity
      • Pre-2016
      • Zenith Energy PSC (2016-2020)
  • Infrastructure
  • Costs
  • 3 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Index map
  • Muradkhanli Contract Area map
  • Well data: Table 1
  • Exploration: Table 1
  • Infrastructure: Table 1
  • Capital costs
  • Costs: Table 2
  • Operating costs
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • 15 more item(s)...

What's included

This report contains:

  • Document

    Muradkhanli Contract Area

    PDF 7.73 MB

  • Document

    Muradkhanli Contract Area

    XLS 922.50 KB