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Gum Deniz field’s oil production volume revealed

Oil&Gas Materials 23 December 2021 18:54 (UTC +04:00)
Gum Deniz field’s oil production volume revealed

BAKU, Azerbaijan, Dec.23

By Leman Zeynalova – Trend:

Average oil production at Azerbaijan’s Gum Deniz field stood at 73 tons per day in Q3 2021, as compared to the budgeted volume of 77 tons per day, the US Greenfields Petroleum Company, which operates the project through its subsidiary BEOC, told Trend.

The field’s production stood at 67 tons per day in September, as compared to 61 tons per day in August. Gum Deniz field produced on average 70 tons per day in Q2.

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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