FIELD LOCATION
- Location: Absheron field is located offshore Azerbaijan in the Caspian Sea about 100 km southeast of Baku.
- Contract Area: 747 km²
- Water depths: 470 meters
- EPS (Phase 1) reserves: 326 Mboe: 36 Bcm gas and 90 MMbbls condensate
ABD 001 WELL
Based in Baku and operational since 1st August 2018, the Joint Operating Company of Absheron Petroleum B.V. (JOCAP) is a non-profit joint operating company, owned by SOCAR Absheron (35%), TotalEnergies EP Absheron B.V. (35%) and ADNOC (30%), and founded for the development and production of the Absheron gas-condensate offshore block in the Caspian Sea.
Address: 45A Khagani street, Baku AZ1010, Azerbaijan
Tel: +994 12 525 09 80
- ABD-01 is the longest well drilled in the Azerbaijani sector.
- Pipe-in-pipe technology used for the first time in Azerbaijan.
- First unmanned EPS platform in the Azerbaijani Caspian Sea.
- Gas for domestic use; condensate exported via BTC pipeline.
EPS PLATFORM
- PSA signature: February 2009
- Discovery & Commerciality: June 2012
- Investment Decision: July 2018
- End of ABD-01 drilling: 10 Nov 2019
- First Gas: July 2023
- Daily Production: 4.3 Mcm gas & 12000 bbls condensate
JOCAP TEAM