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
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Karabakh in-development[1] Karabagh Joint Operating[2] BP PLC [35%]; State Oil Company of Azerbaijan Republic [65%][3][4] 1998[5] 2024[1] – 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 ​[6]
oil reserves 265.99 million bbl 2024 ​[7]
oil recoverable resources 139.64 million bbl 2024 ​[7]

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. ↑ 1.0 1.1 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://www.offshore-mag.com/field-development/news/55331101/bp-bp-advances-development-in-azerbaijani-caspian-sea-fields-with-new-drilling-and-seismic-surveys. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 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)
  6. ↑ 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)
  7. ↑ 7.0 7.1 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)
  8. ↑ 8.0 8.1 (PDF) https://web.archive.org/web/20210713214854/http://files.hssk.gov.az/hesabatlar/2017/HSS-Summary_Report-2017.pdf. Archived from the original (PDF) on 13 July 2021. {{cite web}}: Missing or empty |title= (help)
  9. ↑ https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-ocean/. {{cite web}}: Missing or empty |title= (help)