Asset Report
Karabakh
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Azerbaijan's large offshore Karabakh oil and gas field is targeted for development by state-owned SOCAR. It was previously operated by Equinor and SOCAR via a 50:50 JV, Karabakh Joint Operating Company (KJOC). Following Equinor's exit from Azerbaijan in 2023, the field is wholly owned by SOCAR. Karabakh lies around 15 kilometres northeast of the super-giant Azeri Chirag Guneshli (ACG) field. A successful appraisal well in 2020 estimated STOIIP at 440 million barrels of oil. We ...
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
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Participation
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Karabakh
- Current status
- Historical participation
- Ashrafi-Dan Ulduzu-Aypara block
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Karabakh
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Geology
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Karabakh
- Structure
- Reservoirs
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Karabakh
- Well data
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Exploration
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Karabakh
- Initial E&A (pre-1999)
- Equinor-SOCAR Joint Study Agreement (2014-17)
- Further appraisal
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Ashrafi-Dan Ulduzu-Aypara block
- Initial studies
- Drilling plans
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Karabakh
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Reserves and resources
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In place volumes
- Current estimate
- Previous estimate
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Modelling
- Overview
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In place volumes
- Production
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Development
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Oil development
- Overview
- Key development metrics
- Potential gas-condensate development
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Oil development
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Infrastructure
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Oil
- Offshore tie-in
- Export route
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Oil
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Costs
- Capital costs
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Operating costs
- Field costs
- Abandonment fund payments
- Tie-in costs
- Transportation costs
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Karabakh map
- Well data: Table 1
- Participation: Table 1
- Fiscal and regulatory: Table 1
- Economic analysis: Table 1
- Geology: Table 1
- Geology: Table 2
- Reserves and resources: Table 1
- Infrastructure: Table 1
What's included
This report contains:
