Absheron Gas Field

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Revision as of 08:29, 7 November 2023 by Abarrelfull (talk | contribs)
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Summary Information

  • Operator: Total
  • Country: Azerbaijan
  • Location: Caspian Sea
  • Production start:
  • Partners: Socar, GDF Suez
  • Type: Gas
  • Estimated Reserves: 150 to 300 billions of cubic meters (Bcm)
  • Production Volume:

Description

  • A major offshore gas field. The development involves the drilling of one well at a water depth of 450 meters.

History

  • 2009 - Total Signs Exploration, Development and Production Sharing Agreement with SOCAR for the Absheron block
  • 2011 - The Absheron X-2 well encountered more than 500 feet of cumulated net gas pays
  • 2012 - Declaration of commerciality
  • 2023 - First gas produced

Geology

  • The well results indicate gas resources of 150 to 300 billions of cubic meters (Bcm) – 5 to 10 trillions of cubic feet (Tcf) - of non-associated gas with condensates in the Balakhany and Fasila formations on the Northern compartment of the structure. The elongated structure straddles approximately 270 square-kilometers and the cumulative net pay is greater than 160 meters thick.

Links

  1. Absheron, Socar
  2. Azerbaijan: Total makes a major gas discovery in the Caspian Sea
  3. Azerbaijan: Socar, Total and GDF Suez issue a ‘Notice of Discovery and its Commerciality’ for the Absheron discovery
  4. Total Signs Exploration, Development and Production Sharing Agreement with SOCAR for the Absheron block in Azerbaijan
  5. [ Azerbaijan: Total and SOCAR sign agreement to develop Absheron discovery]
  6. Azerbaijan: Inauguration of the Absheron gas field