International scientific journal

ISSN: 2663-0419 (electronic version)

ISSN: 2218-8754 (print version)

International scientific journal

ISSN: 2663-0419 (electronic version)

ISSN: 2218-8754 (print version)

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Analysis of results and prospects of searches of oil and gas in south Caspian Sea

I.S.Guliyev, R.I.Rustamov, A.A.Feyzullayev

1 – Institute of Geology and Geophysics of Azerbaijan National Academy of Sciences, AZ1143, Baku, H.Javid av., 119

2 – “Azneft” Production Association, SOCAR, Az0033, Baku, A.Neymatulla str., 39

Summary

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In paper the analysis of results of exploration on the contract fields of Southern Caspian Sea is given. It is established, that success search on number of the revealed productive traps makes about 25 %, and on number of productive wells – about 35 %. Despite of rather low efficiency of exploration, affirms about big hydrocarbon potential of Southern Caspian Sea. Some negative results of searches of oil in SCB last years communicate basically with strategic and technological (methodological) miscalculations. For decrease in economic risk and unreasonable expenses screening of all before received data by broad specialists and carrying out of additional more detailed and more purposeful complex researches is recommended.