Karabakh Oil Field (Azerbaijan)

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Karabakh Oil Field is an in development oil field in Azerbaijan.

Karabakh Oil Field is also sometimes referred to as Karabagh, Garabagh.

Project Details

Main Data

Table 1: Field-level project details for Karabakh Oil Field

1Final Investment Decision
2If a country or region is known to not produce any hydrocarbons in an unconventional method, this production type is assumed to be conventional
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type2
Karabakh In development[1] Karabagh Joint Operating Company[2] SOCAR (100.0%)[3] 1998[4] 2025 (expected)[5][6] Conventional

Production and Reserves

Table 2: Reserves of Karabakh Oil Field

million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
oil reserves 398.98 million bbl 2020 [7]
oil reserves 265.99 million bbl 2024 [6]
oil recoverable resources 139.64 million bbl 2024 [6]

Location

Table 3: Field-level location details for Karabakh Oil Field

Location Onshore/Offshore Coordinates (WGS 84)
Offshore, Azerbaijan[8] Offshore[9] 40.358, 51.183 (exact)[8]

The map below shows the exact location of the field:

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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/20250117235302/https://turan.az/en/energy/socar-to-continue-development-of-the-karabakh-field-in-partnership-with-bp-784912. Archived from the original on 17 January 2025. {{cite web}}: Missing or empty |title= (help)
  2. https://web.archive.org/web/20211216154852/https://www.equinor.com/en/where-we-are/azerbaijan.html. Archived from the original on 16 December 2021. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20240115034642/https://www.socar.az/en/post/socar-acquires-equinors-shares-in-azeri-chirag-gunashli-karabakh-fields-and-baku-tbilisi-ceyhan-project. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  4. https://web.archive.org/web/20210727002944/https://kaspi.az/az/musteqillik-dvrunde-kesf-edilmis-ilk-neft-yatai. Archived from the original on 27 July 2021. {{cite web}}: Missing or empty |title= (help)
  5. https://web.archive.org/web/20240120062349/https://www.offshore-technology.com/marketdata/oil-gas-field-profile-karabakh-conventional-oil-field-azerbaijan/. Archived from the original on 20 January 2024. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 6.2 https://web.archive.org/web/20240703202938/https://news.az/news/socar-aims-to-commence-oil-production-at-karabakh-field-soon-. Archived from the original on 03 July 2024. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  7. https://web.archive.org/web/20211202102035/https://neftegazru.com/tech-library/oil-gas-field/625644-karabakh-field/. Archived from the original on 02 December 2021. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  8. 8.0 8.1 "Extractive Industries Transparency Summary Report 2017" (PDF). Extractive Industries Transparency Initiative. 2017. Archived (PDF) from the original on July 13, 2021. Retrieved July 13, 2021.
  9. Natural Earth. 45078 https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-ocean/. Archived from the original on June 29, 2023. Retrieved June 29, 2023. {{cite web}}: Check date values in: |date= (help); Missing or empty |title= (help)