Asset Report
Surakhany
Report summary
Rafi Oil, a subsidiary of Union Grand Energy (Singapore), operates the onshore Surakhany oil field. It lies around 14 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 2018-22.The majority of crude is exported. Small volumes of associated gas are delivered to SOCAR free of charge.
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
-
Geology
- Structure
- Reservoirs
- Exploration
-
Reserves and resources
- Overview
- Oil
- Gas
- Production
-
Development
- Key development metrics
-
Infrastructure
-
Oil
- Exports
- Domestic market
- Gas
-
Oil
- Costs
-
Fiscal and regulatory
- Bonuses
- Cost oil
- Profit oil
- Profit tax
- Depreciation
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
-
Oil price
- Domestic
- Gas price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index map
- Surakhany map
- Participation: Table 1
- Production: Table 1
- Production: Table 2
- Surakhany production profile
- 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 PV Price Sensitivities
- Geology: Table 1
- Geology: Table 2
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Fiscal and regulatory: Table 1
What's included
This report contains:
