Asset Report
Muradkhanli Contract Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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 less than 200 b/d. This is far below historical peaks.Previous investment in redevelopment focused on ...
Table of contents
- Summary
- Key Issues
- Current status
-
Historical participation
- Zenith Energy PSC (2016-20)
- Initial PSC (1998-2001)
- Upper Cretaceous
- Middle Eocene
- Other reservoirs
- Jafarly
- Zardab
- Overview
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Oil
- Reported data
- Modelling
- Upside
- Gas
-
Oil
- Historical production
- Future production
- Overview
-
Historical activity
- Pre-2016
- Zenith Energy PSC (2016-2020)
- 7 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapMuradkhanli Contract Area mapReservoir and hydrocarbon quality
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Reservoir and hydrocarbon qualityKey E&A wellsDiscovery summaryReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Capital Costs 2017 to 2025 (US$ million)Operating Costs 2026 to 2028 (US$ million)Cash Flow (US$)PV Table (US$)
- 11 more item(s)...
What's included
This report contains:
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