Babek Oil and Gas Field (Azerbaijan)

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Babek Oil and Gas Field is a discovered oil and gas field in Azerbaijan.

Along with Umid Oil and Gas Field (Azerbaijan), Babek Oil and Gas Field is a part of the Umid-Babek complex.

Project Details

Main Data

Table 1: Field-level project details for Babek Oil and Gas Field

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Babek Discovered[1][2][3] Umid-Babek Operating Company[4] SOCAR (80.0%); Nobel Energy (20.0%)[4] 2025 (expected)[5][5] Conventional[4]

Production and Reserves

Table 2: Reserves of Babek Oil and Gas Field

million m³ = million cubic meters
million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
condensate reserves 531.98 million bbl 2020 [6]
gas reserves 400000 million m³ 2023 [7]
gas reserves 400000 million m³ 2020 [6]

Location

Table 3: Field-level location details for Babek Oil and Gas Field

Location Onshore/Offshore Coordinates (WGS 84)
Offshore, Azerbaijan[8] Offshore[4] 39.7142, 49.8994 (approximate)[8]

The map below shows the approximate location of the field(s) within the Umid-Babek complex:

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Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. https://web.archive.org/web/20240115012930/https://www.spglobal.com/commodityinsights/en/ci/research-analysis/will-azerbaijan-meet-europes-2027-gas-demand-deadline.html. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  2. https://en.trend.az/business/energy/3756594.html. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20250118000015/https://www.woodmac.com/reports/upstream-oil-and-gas-umid-babek-11159298/. Archived from the original on 18 January 2025. {{cite web}}: Missing or empty |title= (help)
  4. 4.0 4.1 4.2 4.3 https://web.archive.org/web/20240115033828/https://socar.az/en/page/umid. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 https://web.archive.org/web/20240115021322/https://report.az/en/energy/slovenian-serbian-hungarian-electricity-exchange-created/. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 https://web.archive.org/web/20240115033605/https://en.trend.az/news_ajax.php. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  7. https://caspiannews.com/news-detail/leading-uae-energy-company-acquires-stake-in-azerbaijani-gas-field-2023-8-4-0/. {{cite web}}: Missing or empty |title= (help)
  8. 8.0 8.1 https://web.archive.org/web/20240115024319/https://www.socar.az/en/page/babek. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)