Asset Report
Surakhany
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Rafi Oil, a subsidiary of Union Grand Energy (Singapore), operates the onshore Surakhany oil field. It lies around 16 kilometres northeast of Baku. The field is mature, with current production far below historical levels. Redevelopment work in the 2000s resulted in output recovering to more than 4,000 b/d by 2013. Production has since declined, averaging at around 3,000 b/d in 2021-25.Most of crude is exported. Small volumes of associated gas are delivered to SOCAR free of charge.
Table of contents
- Summary
- Key Issues
- Structure
- Reservoirs
- Overview
- Oil
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Gas
- Key development metrics
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Oil
- Exports
- Domestic market
- Gas
- Capital costs
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Operating costs
- Bonuses
- Cost oil
- Profit oil
- Profit tax
- Depreciation
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Cash flow
- Domestic
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapSurakhany mapParticipation
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Oil qualityReservoir qualityReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)Surakhany production profileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Cash Flow (US$)
- 6 more item(s)...
What's included
This report contains:
