Project Profile
Value: $100
Startup Year: 1904
The Pirallahi field has been developed since 1902, with 27 million tonnes of oil having been produced in 107 years. Absheronneft had budgeted for 25 wells within three years as of 2011, to lift daily crude output to 4,000 - 5,000 tonnes. Estimates indicated Pirallahi held 2 million tonnes remaining reserves, with 14 new wells scheduled from 2010 onwards.
Operator: Absheronneft (100%)