Umid field is located 40 km south of Baku. It was discovered in 2010 and exploitation of the gas condensate field started in 2012.
It is the first field discovered by Azerbaijan´s SOCAR with its own resources after the country gained its independence.
Umid is included in the Umid-Babek block of deposits, which is developed by SOCAR and its minority partner Nobel Upstream.
Southern Gas Corridor (SGC), which envisages the transportation of Shah Deniz gas to Europe, can be expanded by using resources of Umid field.
SOCAR and Nobel have been seeking an international partner with the financial and technical clout to bring Umid into commercial production for several years now, thus far without success.
Norway’s Statoil was rumoured as a potential candidate in 2014, but no deal was announced. SOCAR also held talks with Total in October last year, in the hope of bringing the French major on board.
In 2019, over 850 mcm of gas and about 140 000 tons of condensate were produced from the Umid field. Gas production from the field in 2020 will exceed 960 mcm.
Since the beginning of development, 3.4 billion m3 of gas and 540 000 tons of condensate have been produced from this field. Currently, production in the field is carried out from 3 wells.