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Production volume at Bahar-Gum Deniz block revealed

Oil&Gas Materials 13 November 2019 12:21
Production volume at Bahar-Gum Deniz block revealed

BAKU, Azerbaijan, Nov.13

By Leman Zeynalova – Trend:

Bahar gas and condensate field of Azerbaijan has produced more than 1175 tons of condensate and over 155.5 million cubic meters of gas in the first nine months of 2019, Ibrahim Ahmadov, deputy head of the public relations and events department at Azerbaijan’s state oil company SOCAR, told Trend.

This is while the production volume at Gum Deniz field exceeded 25,800 tons of oil and around 26 million cubic meters of gas during the reporting period, said Ahmadov.

“Bahar and Gum Deniz fields at the last, fourth stage of development. Bahar is a gas and condensate field, while Gum Deniz primarily produces oil,” said Ahmadov.

The Bahar Project is operated by BEOC, a wholly owned subsidiary of Bahar Energy Limited (BEL), under the terms of a Joint Operating Agreement. Bahar Energy Limited is the subsidiary of US-based Greenfields Petroleum Corporation. The corporation owns an 80 percent interest in the Exploration, Rehabilitation, Development and Production Sharing Agreement (the “ERDPSA”) with the State Oil Company of Azerbaijan (SOCAR) and its affiliate SOCAR Oil Affiliate (“SOA”) in respect of the offshore block known as Bahar Gum Deniz (the Bahar Project) which includes the Bahar Gas Field and the Gum Deniz Oil Field.

The Bahar Gas Field consists of 45 offshore platforms including a central processing and metering platform to gather the gas for onward transport through a three 12-inch pipelines to the shore-based gas and liquid handling facilities. The platforms, in most cases are built on 24 to 30 pilings each in an average water depth of about 16 metres.

The Gum Deniz Oil Field is located south of the Absheron peninsula, 21 km south of Baku, between Gum Island and the Bahar Gas Field. The Gum Deniz Oil Field extends from onshore Gum Island, which is 2.5 km from the mainland to the south in the Caspian Sea. The Gum Deniz Oil Field is found along the Fatmai–Gum Adasi anticlinal trend which includes the Bahar and Shakh Deniz structures. Oil in the Gum Deniz Oil Field is trapped in a north-south trending structure that is approximately 16 kilometres in length and 3 kilometres in width. The Gum Deniz Oil Field is structurally up-dip from the Bahar Gas Field.

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