• $
  • €
  • ₽
  • ₺
  • £

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
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Business 18:00
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Business 17:30
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
Business 15:56
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
iTicket now available in ABB mobile!
Business 14:40
iTicket now available in ABB mobile!
ABB Bank to host international Risk Forum in Baku
Business 14:00
ABB Bank to host international Risk Forum in Baku
Bir brings its digital banking experience to Istanbul Fintech Week
Business 13:30
Bir brings its digital banking experience to Istanbul Fintech Week
Dollar steady at 1.70, ruble advances
Business 12:30
Dollar steady at 1.70, ruble advances
İMF sharply raises global oil price forecasts
Business 12:00
İMF sharply raises global oil price forecasts
OPEC affirms oil’s dominance in future energy mix
Business 11:30
OPEC affirms oil’s dominance in future energy mix
Anews TV

Our official Youtube channel

Subscribe