Shah Deniz Oil and Gas Project (Azerbaijan)
From Global Energy Monitor
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Shah Deniz Oil and Gas Project (Şahdəniz) is an operating oil and gas project in Azerbaijan.
The project consists of the following units:
- Shah Deniz 1 Oil and Gas Phase (Azerbaijan)
- Shah Deniz 2 Oil and Gas Phase (Azerbaijan)
- Shah Deniz 3 Oil and Gas Phase (Azerbaijan)
Shah Deniz Oil and Gas Project is also sometimes referred to as King Sea.
Project Details
Main Data
Table 1: Project-level project details for Shah Deniz Oil and Gas Project
| Unit name | Status | Operator | Owner | Discovery year | FID1 year | Production start year | Production type |
|---|---|---|---|---|---|---|---|
| Shah Deniz | operating[1][2][3][4][5] | BP[5] | MVM Zrt [5%]; BP PLC [29%]; National Iranian Oil Co [10%]; LUKOIL PJSC [19%]; Türkiye Petrolleri Anonim Ortakligi [19%]; Southern Gas Corridor CJSC [16%][5][6][5][6][5][6][5][6][6][6][7] | 1999[5] | – | 2006[5] | conventional[8] |
Production and Reserves
Table 2: Reserves of Shah Deniz Oil and Gas Project
| Fuel description | Reserves classification | Quantity | Units | Data year | Source |
|---|---|---|---|---|---|
| condensate | reserves | 2000.0 | million bbl | 2021 | [9] |
| condensate | reserves | 1595.93 | million bbl | 2022 | [5] |
| gas | reserves | 1000000.0 | million m³ | 2021 | [9] |
| gas | reserves | 1200000.0 | million m³ | 2022 | [5] |
Table 3: Production from Shah Deniz Oil and Gas Project
| Category | Fuel description | Quantity | Units | Data year | Source |
|---|---|---|---|---|---|
| cumulative production | condensate | 241.89 | million bbl | 2021 | [9] |
| cumulative production | gas | 140000.0 | million m³ | 2021 | [9] |
| cumulative production | gas | 157500.0 | million m³ | 2022 | [10] |
| cumulative production | condensate | 366.5 | million bbl | 2025 | [6] |
| cumulative production | gas | 243000.0 | million m³ | 2025 | [6] |
| production | condensate | 24.27 | million bbl/y | 2021 | [11] |
| production | gas | 22640.0 | million m³/y | 2021 | [10] |
| production | oil | 27.8 | million bbl/y | 2021 | [10] |
| production | condensate | 35.0 | million bbl/y | 2023 | [1] |
| production | gas | 26000.0 | million m³/y | 2023 | [1] |
| production | condensate | 29.32 | million bbl/y | 2024 | [6] |
| production | gas | 28000.0 | million m³/y | 2024 | [6] |
| production design capacity | condensate | 18.25 | million bbl/y | 2021 | [11] |
| production design capacity | gas | 21170.0 | million m³/y | 2021 | [11] |
| production design capacity | gas | 28105.0 | million m³/y | 2023 | [1] |
| production design capacity | gas | 28835.0 | million m³/y | 2024 | [12][4] |
Location
Table 4: Project-level location details for Shah Deniz Oil and Gas Project
| Concession/Block | Location | Onshore/Offshore | Coordinates (WGS 84) |
|---|---|---|---|
| Shah Deniz[8] | offshore, Azerbaijan[13] | offshore[4] | 39.937, 50.377 (exact)[13] |
The map below shows the exact location of the project:
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
- ↑ 1.0 1.1 1.2 1.3 (PDF) https://web.archive.org/web/20240612214136/https://www.bp.com/content/dam/bp/country-sites/en_ge/georgia/home/pressreleases/2023%2520full%2520year%2520results.pdf. Archived from the original (PDF) on 12 June 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240120042714/https://www.theguardian.com/environment/2024/jan/08/cop29-host-azerbaijan-to-hike-gas-output-by-a-third-over-next-decade. Archived from the original on 20 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 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) - ↑ 4.0 4.1 4.2 (PDF) https://www.gecf.org/_resources/files/pages/global-gas-outlook-2050/gecf_ggo2024_9th_edition.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.00 5.01 5.02 5.03 5.04 5.05 5.06 5.07 5.08 5.09 https://web.archive.org/web/20221127022240/https://minenergy.gov.az/az/qaz/sahdeniz-yatagi. Archived from the original on 27 November 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.00 6.01 6.02 6.03 6.04 6.05 6.06 6.07 6.08 6.09 https://www.bp.com/en_az/azerbaijan/home/news/press-releases/Go-ahead-for-next-phase-of-development-of-giant-Shah-Deniz-gas-field.html.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.intellinews.com/hungary-s-mvm-joins-2-9bn-shah-deniz-gas-project-in-azerbaijan-384808/.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 https://web.archive.org/web/20240120072218/https://www.offshore-technology.com/marketdata/oil-gas-field-profile-shah-deniz-conventional-gas-field-azerbaijan/. Archived from the original on 20 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 9.2 9.3 https://web.archive.org/web/20230321103303/https://www.offshore-technology.com/news/bp-production-shah-deniz-ii-azerbaijan/. Archived from the original on 21 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 10.0 10.1 10.2 (PDF) https://web.archive.org/web/20240120042742/https://www.socar.az/mediafiles/reports/illik-hesabatlar/en/Annual_Report_2021.pdf. Archived from the original (PDF) on 20 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 11.0 11.1 11.2 https://web.archive.org/web/20230126155724/http://www.bp.com/en_az/azerbaijan/home/who-we-are/operationsprojects/shaheniz.html. Archived from the original on 26 January 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240614233636/https://www.offshore-mag.com/production/article/14305977/bp-bp-expands-gas-production-from-shah-deniz-offshore-azerbaijan. Archived from the original on 14 June 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 13.0 13.1 (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)
