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Azerbaijan’s Bahar-Gum Deniz block expected to produce more in 2020

Oil&Gas Materials 3 February 2020 11:50 (UTC +04:00)
Azerbaijan’s Bahar-Gum Deniz block expected to produce more in 2020

Baku, Azerbaijan, Feb.3

By Leman Zeynalova – Trend:

It is planned to increase the production volume at Azerbaijan’s Bahar-Gum Deniz block in 2020, Ibrahim Ahmadov, deputy head of the public relations and events department at SOCAR, told Trend.

Ahmadov noted that the fields produced more than 35,000 tons of oil and around 240 million cubic meters of natural gas in 2019.

“We plan to raise the production level at Bahar-Gum Deniz this year. For this purpose, we do not plan to drill new wells at these fields this year, instead, we want to return some deactivated wells to production and take geological and technical measures throughout the year,” he said.

As for the possibility of exporting gas produced from this block of fields, Ahmadov said that almost the whole volume of gas produced by SOCAR and its subsidiaries goes to Azerbaijan’s domestic market.

The gas produced by the international consortium for the development of Shah Deniz field is mainly exported, he explained.

Greenfields Petroleum Corporation, headquartered in the US, 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 Project is operated by BEOC, a wholly owned subsidiary of BEL, under the terms of a Joint Operating Agreement.

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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