• $
  • £

BP kicks off high-tech seismic survey at Azerbaijan’s Karabakh field

BP kicks off high-tech seismic survey at Azerbaijan’s Karabakh field
22.12.2025 15:30

British energy giant BP has officially launched a high-density seismic exploration program at the Karabakh oil and gas field in the Azerbaijani sector of the Caspian Sea, a senior company official said on Monday.

The survey marks the first major operational step since BP acquired a 35% stake in the project from state oil firm SOCAR earlier this year. Dan Sparks, BP’s Vice President for Azerbaijan, Georgia, and Türkiye, said the study utilizes High-Density Ocean Bottom Nodes (HDOBN), a technology previously deployed in BP’s massive 4D seismic program at the Azeri-Chirag-Gunashli (ACG) fields.

"The objective is to reduce uncertainty in resource assessment and prepare for a final investment decision (FID)," Sparks said. The initial seismic phase is expected to last three and a half months at depths of 140-200 meters. A second high-resolution (HR/UHR) survey is scheduled for March-April 2026.

The Karabakh field, located 120 km east of Baku, is estimated to hold over 60 million tonnes of oil reserves, with recoverable portions cited at 21 million tonnes of oil and 13 billion cubic meters of gas. BP serves as the operator of the project with a 35% stake, while SOCAR retains 65%.

The field is seen as a key component of Azerbaijan’s strategy to maintain crude production levels as older fields mature.

Similar news
Similar news
Azercell’s TikTok Page Receives Official Verification Badge
Business 16:34
Azercell’s TikTok Page Receives Official Verification Badge
Gold prices exceed $5,200 per ounce
Business 12:00
Gold prices exceed $5,200 per ounce
Azerbaijani oil price nears $73
Business 10:30
Azerbaijani oil price nears $73
Azerbaijan Mortgage and Credit Guarantee Fund issues 17.4 mln manats in loans in January
Business 18:00
Azerbaijan Mortgage and Credit Guarantee Fund issues 17.4 mln manats in loans in January
Azerbaijan’s broad money supply rises 5.8% in January
Business 17:30
Azerbaijan’s broad money supply rises 5.8% in January
EBRD sees Azerbaijan’s economy growing 2% in 2026
Business 17:04
EBRD sees Azerbaijan’s economy growing 2% in 2026
OPEC+ may raise oil output in April
Business 16:30
OPEC+ may raise oil output in April
Overdue loans in Azerbaijan rise to 557.5 mln manats
Business 14:30
Overdue loans in Azerbaijan rise to 557.5 mln manats
Azeri Light crude slips to $71.46 per barrel
Business 11:00
Azeri Light crude slips to $71.46 per barrel
Anews TV

Our official Youtube channel

Subscribe