• $
  • €
  • ₽
  • ₺
  • £

Second stage of seismic surveys begins at Karabakh field

Second stage of seismic surveys begins at Karabakh field
01.05.2026 15:30



BP Azerbaijan has launched the second stage of seismic surveys at the offshore Karabakh hydrocarbon field in the Caspian Sea, starting a high-resolution and ultra-high-resolution programme expected to last about 45 days.

The company said the work aims to identify geological risks that could affect well integrity, as well as subsurface hazards that may interfere with the safe installation of a platform and other infrastructure.

The first stage of the surveys, using Ocean Bottom Node technology, was carried out from December 2025 to mid-March 2026, and the data collected in the first quarter is currently being processed.

BP and SOCAR signed an agreement on June 3, 2025, under which BP holds a 35% stake in the Karabakh project and SOCAR 65%.

The Karabakh field is located 120 km east of Baku in water depths of 150-200 metres.

Its geological oil reserves are estimated at 60 million tonnes, nearly half of which are recoverable. The field may also contain up to 13 billion cubic metres of gas.

Facebook
Go
Similar news
Similar news
Chamber of Accounts Approves Opinions on 2027 State Budget and SSPF Drafts
Business 17:30
Chamber of Accounts Approves Opinions on 2027 State Budget and SSPF Drafts
Azerbaijan Natural Gas Consumption Drops 6.7% in Q3 — SOCAR
Business 17:00
Azerbaijan Natural Gas Consumption Drops 6.7% in Q3 — SOCAR
Natural Gas Futures Tick Up on NYMEX for December Delivery
Business 12:30
Natural Gas Futures Tick Up on NYMEX for December Delivery
PASHA Bank discusses financial inclusion and the future of microfinance at the 12th AMFA Conference
Business 11:56
PASHA Bank discusses financial inclusion and the future of microfinance at the 12th AMFA Conference
Crypto Market Rebounds as Bitcoin Crosses $78,500 Threshold
Business 11:00
Crypto Market Rebounds as Bitcoin Crosses $78,500 Threshold
Global Oil Benchmarks Drop Over 3% as Brent Falls Below $110
Business 10:30
Global Oil Benchmarks Drop Over 3% as Brent Falls Below $110
Gold and Silver Advance on COMEX in Latest Trading Session
Business 10:00
Gold and Silver Advance on COMEX in Latest Trading Session
Central Bank of Azerbaijan Announces Exchange Rates: Euro Eases, Ruble Gains
Business 09:30
Central Bank of Azerbaijan Announces Exchange Rates: Euro Eases, Ruble Gains
SOCAR Commissions Its 100th Petrol Station in Romania
Business 18:03
SOCAR Commissions Its 100th Petrol Station in Romania
Anews TV

Our official Youtube channel

Subscribe