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642

Absheron gas-condensate field

It ´s one of the largest gas condensate fields in Azerbaijan

Absheron gas-condensate field

  • Water depth: more than 470 metres in the Azerbaijani sector of the Caspian Sea
  • Location: 100 km southeast of Baku, 35 km east of the Shah Deniz gas fied
  • Reserves: 350bcm of gas and 45 million tons of gas condensate
  • Development programme: approved in 2017, will cost an estimated $1 billion
French Total operates the field with 50% interest. The other stakeholders is Socar, the national oil company of Azerbaijan, which also has 50%. The parties increased their share in the field in 2017 after Engie exited, leaving its 20%. 

Significant natural gas resources were discovered in September 2011 at the Absheron X-2 exploration well drilled by the Heydar Aliyev drilling rig, at a depth of 6,550 metres.

The drilled production and appraisal well ABD-001 with a depth of 7,411 meters became the deepest in the Caspian Sea.
The drilling of the first production and appraisal well ABD-001 began in May 2018. In the framework of the first Phase, it is planned to produce annually 1.5 bcm of gas and more than 3.6 million barrels of condensate from the field.

The development plan for Absheron has been structured in the same way as previous mega-projects such as the giant ACG oil field complex, where a first phasewith initial output is followed by full-field development.

The first phase is expected to produce an estimated 2 Bcm/year of gas, according to previous estimates from Total. This will be followed by an additional 5 Bcm/year in the full-field development phase.
All gas produced in the framework of the first stage will be directed to the domestic market of Azerbaijan.

The field’s infrastructure will be connected to the receiving platform at the Neft Dashlary field (located on the SOCAR balance sheet), from where the produced gas and condensate will be sent to land.
The completion of all installation work and the start of production in Absheron is scheduled for 2021.