Babek gas field

Babek gas field
Babek gas field is located in Azerbaijan
Babek gas field
Location of Babek gas field
CountryAzerbaijan
RegionCaspian Sea
LocationCaspian Sea, Azerbaijan
BlockUmid–Babek
Offshore/onshore
offshore
Coordinates40°00′32″N 50°47′53″E / 40.00889°N 50.79806°E / 40.00889; 50.79806
OperatorUmid Babek Operating Company (UBOC)
Service contractors
Aquaterra Energy
Field history
Start of development
2022
Production
Recoverable oil (million tonnes)
80,000,000
Recoverable gas
400×10^9 m3 (14×10^12 cu ft)

The Babek gas field (officially categorized as the Babek prospective structure) is an offshore natural gas and condensate structure located in the Azerbaijani sector of the Caspian Sea. It is operated by the Umid Babek Operating Company (UBOC) under a Risk Service Agreement covering the Umid–Babek exploration block.[1]

Reserves

The Babek structure is a major component of Azerbaijan's offshore energy strategy. According to international energy databases and commercial reports, the structure holds estimated recoverable reserves of up to 400 billion cubic metres of natural gas and 80 million tonnes of gas condensate.[2][3]

Exploration and drilling

In July 2022, UBOC initiated a high-pressure high-temperature (HPHT) exploration program targeting the BX-01 well within the Babek structure. The geological parameters of the prospect presented complex reservoir conditions, with wellhead pressures exceeding 12,000 psi.[4]

To safely conduct drilling operations, the operator contracted UK-based Aquaterra Energy to deploy a 15,000 psi subsea riser system utilizing gas-tight metal-to-metal AQC-SR connectors. The BX-01 well marked a regional technical milestone, as it was the first time a subsea well in the Caspian Sea was engineered to be drilled from a jack-up mobile offshore drilling unit instead of a traditional semi-submersible platform, operating in 62 metres of water depth.[5]

In May 2026, it is announced that BP is taking over the project.[6]

See also

References

  1. ↑ "Azerbaycan, Ümid-Babek doğalgaz sahası için risk hizmet sözleşmesini onayladı". Anadolu Ajansı (in Turkish). 16 May 2017. Archived from the original on 20 May 2017. Retrieved 25 May 2026.
  2. ↑ "Cabinet defines liabilities under RSA". AzerNews. 8 February 2017. Archived from the original on 8 February 2017. Retrieved 25 May 2026.
  3. ↑ "Babek Oil and Gas Field (Azerbaijan)". Global Energy Monitor. Archived from the original on 2 March 2026. Retrieved 25 May 2026.
  4. ↑ "Aquaterra Energy seals 15k HPHT riser deal with UBOC for Azerbaijan project". Drilling Contractor. 29 July 2022. Archived from the original on 5 August 2022. Retrieved 25 May 2026.
  5. ↑ "UBOC lets riser contract in Azerbaijan". Oil & Gas Journal. 29 July 2022. Archived from the original on 1 August 2022. Retrieved 25 May 2026.
  6. ↑ "BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover". Offshore Engineer Magazine. 2026-05-29. Retrieved 2026-06-02.
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