digplanet beta 1: Athena
Share digplanet:

Agriculture

Applied sciences

Arts

Belief

Business

Chronology

Culture

Education

Environment

Geography

Health

History

Humanities

Language

Law

Life

Mathematics

Nature

People

Politics

Science

Society

Technology

Ashrafi
Country Azerbaijan
Location near Absheron peninsula
Offshore/onshore offshore
Operator SOCAR
Partners previously operated by North Absheron Operating Company (NAOC) consortium:
Amoco (30%),
SOCAR (20%),
Itochu (20%),
Unocal (25.5%),
Delta Oil Company (4.5%)
Field history
Discovery 1970s
Start of development 1997
Production
Estimated oil in place 6 million tonnes
(~ 2×10^6 m3 or 10 MMbbl)
Estimated gas in place 25×10^9 m3 (880×10^9 cu ft)

Ashrafi field is an oil and gas field located 105 km (65 mi) northeast of Baku, Azerbaijan, west of Karabakh field, in the northern section of Absheron archipelago.[1][2]

Dan Ulduzu-Ashrafi bloc[edit]

The Production sharing agreement (PSA) for exploration, development and production between SOCAR and NAOC consortium for Dan Ulduzu-Ashrafi bloc was signed on December 14, 1996. The contract area is 453 km2.[3] The water depth on location is 160 metres (520 ft) - 180 metres (590 ft).[1] According to the agreement, 3 exploration wells would be drilled and if successful, the production would start in 2003 with an intended output to reach 7 million tons per year by 2007. Azerbaijan would also have been paid $75 million in bonuses. Total capital investment was estimated to be at $2.5 billion.[4] After drilling of 3 exploration wells, 2 million tons of oil was discovered at Dan Ulduzu and 6 million tons was found at Ashrafi field in January 1998.[5] During the exploration stage, in 1998-2001, the price for barrel of oil was below $20.[6] Due to low energy prices, the bloc was not considered commercially viable and was thus abandoned.[7] On March 7, 2000 the contract for exploration ended and was not renewed by the consortium.[2]

Ownership[edit]

The project was operated by North Absheron Operating Company (NAOC) which consisted of the operator Amoco (acquired by BP) (30%) and partners SOCAR (20%), Itochu (20%), Unocal (25.5%), Delta Oil Company (4.5%).[8] The company had spent a total of $64.5 million for exploration.[6] The initial right for development of the field was granted to Amoco and Unocal in 1992. The other partners joined in in mid-1990s.[9]

Drilling renewed[edit]

In early 2004, SOCAR confirmed plans to revitalize the project at Dan Ulduzu and Ashrafi fields in 2007.[10] SOCAR intends to drill 19 wells by 2015 which will require an investment of 2.76 billion Azerbaijani manats.[11][12] In 2007, SOCAR signed a Memorandum of understanding with the German company Wintershall for exploration works at Ashrafi.[8] Currently, the drilling is being carried out by semi submersible drilling vessel Dede Qorqud of Caspian Drilling Company, contracted by SOCAR.[13][14]

See also[edit]

References[edit]

  1. ^ a b "Подписание новых нефтяных контрактов в рамках нефтегазовой выставки Caspian Oil&Gas-2004 не планируется - президент ГНКАР" [Signing of any contracts during Caspian Oil&Gas-2004 is not being planned - President of SOCAR]. Kazakhstan Today. 2004-05-12. Retrieved 2010-06-28. 
  2. ^ a b "AFR Azərbaycanla enerji sahəsində əməkdaşlığın intensivləşdirilməsinin tərəfdarıdır" [Germany is interested in intensifying cooperation with Azerbaijan in the energy sector]. Interfax Azerbaijan. 2007-05-22. Retrieved 2010-06-28. 
  3. ^ Betty Blair (Summer 1998). "Dan Ulduzu and Ashrafi. No longer in operation after April 1999". Azerbaijan International. Retrieved 2010-06-28. 
  4. ^ Betty Blair (Winter 1996). "Fourth Oil Consortium Signed. Dan Ulduzu and Ashrafi Prospects". Azerbaijan International. Retrieved 2010-06-28. 
  5. ^ Huseynov, Vagif (2002). Caspian oil. Economy and Geopolitics. New York: OLMA-PRESS. p. 52. ISBN 5-224-03880-4. Retrieved June 28, 2010. 
  6. ^ a b "Нет худа без добра. "Ашрафи" нашло судьбу" [Good things happen. Ashrafi found its destiny]. Retrieved 2010-06-28. 
  7. ^ I. Mammedli (2007-05-25). "ОБСУЖДЕНЫ ВОПРОСЫ УЧАСТИЯ В МЕЖДУНАРОДНОЙ ВЫСТАВКЕ "НЕФТЬ И ГАЗ КАСПИЯ"" [Issues related to Caspian Oil and Gas Expo are discussed]. Vyshka. Retrieved 2010-06-28. 
  8. ^ a b "Wintershall Azərbaycanın dəniz yatağında kəşfiyyat quyusu qaza bilər" [Wintershall might start drilling in Azerbaijani oil field]. Trend News Agency. 2007-03-02. Retrieved 2010-06-28. 
  9. ^ "Speech of Heydar Aliyev on PSA agreement with foreign investors". Retrieved 2010-06-28. 
  10. ^ "ГНКАР приступит к освоению месторождений "Карабах" и "Ашрафи-дан улдузу"" [SOCAR will start development of Karabakh and Ashrafi-Dan Ulduzu fields]. Day.az. 2004-04-12. Retrieved 2010-06-28. 
  11. ^ Nurlana Guliyeva (2006-02-17). "Contract of the century, or a day longer than a century...". Region Plus. Retrieved 2010-06-28. 
  12. ^ "SOCAR. Oil Strategy of Azerbaijan: successes and perspectives". Retrieved 2010-06-28. 
  13. ^ "Caspian Drilling Company. Our Company". Retrieved 2010-06-28. 
  14. ^ "PROSPECTS OF DRILLING IN THE CASPIAN SEA". Retrieved 2010-06-28. 

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Ashrafi_field — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.
1256 videos foundNext > 

masroor ashrafi's father try to plough his own field

video uploaded from my mobile phone.

Shaykh ul islam Syed Madni Ashrafi Al Jilani England 1985 "Aqida E Tawheed o Shirk"

Imam E Humam Rais ul muhaqqiqeen Shaykh ul islam wal Muslimeen Syed Mohammad Madni Asharafi jilani Delivers a Beautiful Speech on Aqida E Tawheed o shirk in ...

Choma ha dar Arzo sama by Mehmood ul Hassan Ashrafi in Naat ZIndagi hai live with Raees Ahmed 23 jul

Islam is a not only a great religion but also a complete code of conduct for life. Islam guides individuals in every field of life and guides them in every a...

Dr Muhammad Ashraf Ashrafi Jelani in Rohani guldasta progarm 4th ramzan 2013 YouTube

Islam is a not only a great religion but also a complete code of conduct for life. Islam guides individuals in every field of life and guides them in every a...

Shaykh ul Islam Syed Madni Ashrafi Jilani "Nabi saw Aur Ummati" Part 2 of 3

Part 2 of 3 Imam E Humam Shaykh ul islam Syed Mohammad Madni Ashrafi Jilani Topic:Nabi Saw Aur Ummati Venue:Blackburn Video uploaded by Md Irfan (Muhaddith E...

Sirf ik bar by Mehmood ul Hassan Ashrafi in Naimat e iftar qtv 26 july 2013 YouTube

Islam is a not only a great religion but also a complete code of conduct for life. Islam guides individuals in every field of life and guides them in every a...

Betha hon Masjid e Nabvi main by Mehmood ul Hassan Ashrafi in Naat ZIndagi hai live with Raees Ahmed

Islam is a not only a great religion but also a complete code of conduct for life. Islam guides individuals in every field of life and guides them in every a...

Nigahe Luft by Mehmood ul Hassan Ashrafi Naat sharif YouTube

Islam is a not only a great religion but also a complete code of conduct for life. Islam guides individuals in every field of life and guides them in every a...

Qaseedah Burda b yMehmood ul Hassan Ashrafi in Naat ZIndagi hai live with Raees Ahmed 23 july 2013

Islam is a not only a great religion but also a complete code of conduct for life. Islam guides individuals in every field of life and guides them in every a...

Mazaar par chaadar chadaana?? By Mufti Monouwar Husain Ashrafi

Mazaar par chaadar chadaana?/?By Mufti Monouwar Husain Ashrafi tawheedcentre hyderabad.

1256 videos foundNext > 

We're sorry, but there's no news about "Ashrafi field" right now.

Loading

Oops, we seem to be having trouble contacting Twitter

Support Wikipedia

A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia. Please add your support for Wikipedia!