Babek Oil and Gas Field (Azerbaijan)

From Global Energy Monitor
This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.
Report an error
Related categories:

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 Oil and Gas Project (Azerbaijan).

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[4] State Oil Company of Azerbaijan Republic [80%]; Nobel Energy [20%][4][4] 2024[1][2][3] – – 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 ​[5]
gas reserves 400000.0 million m³ 2020 ​[5]
gas reserves 400000.0 million m³ 2023 ​[6]

Location

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

Location Onshore/Offshore Coordinates (WGS 84)
offshore, Azerbaijan[7] offshore[4] 39.7142, 49.8994 (approximate)[7]

The map below shows the approximate location of the field(s) within the Umid-Babek Oil and Gas Project (Azerbaijan):

Loading map...

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. ↑ 1.0 1.1 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. ↑ 2.0 2.1 https://en.trend.az/business/energy/3756594.html. {{cite web}}: Missing or empty |title= (help)
  3. ↑ 3.0 3.1 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 4.4 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/20240115033605/https://en.trend.az/news_ajax.php. Archived from the original on 15 January 2024. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 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)
  7. ↑ 7.0 7.1 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)