Azerbaijan production estimates

In 1993, the World Bank produced the first independent estimates of Azerbaijan's oil potential. It gave actual production at 220,000 b/d peaking at 1 million b/d in 2004. In 1995, I was involved in a European Commission study which had current production moving from 190,000 b/d to 800,000 b/d in 2006. The articles by Wood Mackenzie on Caspian Sea potential (OGJ, July 24, 2000, p. 38) and (OGJ, Aug. 21, 2000, p. 52) forecast Azerbaijan's production peaking at about 14 million b/d in 2010 from today's 200,000 b/d.Can we conclude that in the foreseeable future, as over the past 7 years, actual production will remain static at 200,000 b/d and the bottom will remain a decade away f...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected