Published March 2026, Pg. 4-18

Section: Geology and geophysics

UOT: 556.3(553,7)

DOI: 10.37474/0365-8554/2026-03-4-18

Hydrocarbon reserves in Azerbaijan

I.S. Guliyev Dr. in Geol.-Min. Sc - Azerbaijan National Academy of Sciences

V.Yu. Kerimov Dr. in Geol.-Min. Sc - Institute of Oil and Gas

F.A. Kadirov Dr. in Geol.-Min. Sc - Institute of Oil and Gas

V.Sh. Gurbanov Dr. in Geol.-Min. Sc - Institute of Oil and Gas

F.N. Kerimov - Institute of Oil and Gas

Keywords:  
Azerbaijan
hydrocarbons
shale formations
conserved fields
bitumens
mud volcanoes
South Caspian Basin
unconventional resources

This article presents a comprehensive analysis of the hydrocarbon reserve replenishment potential in Azerbaijan against the backdrop of a steady decline in oil production since 2010. Three main areas are considered: shale formations, abandoned (underdeveloped) fields, and bitumen accumulations, including mud volcanic products. Based on lithological and geochemical criteria, an assessment of the oil and gas potential of the Eocene, Maykop (Oligocene-Miocene), and diatomaceous earth shale formations of the South Caspian Basin is conducted, the total potential of which is estimated at 8.438 million tons of standard fuel. 
Data on abandoned fields is systematized, the greatest potential of which is concentrated in the Shirvan and Jeyranchol-Ajinohur regions. The main areas of bitumen distribution (Kobystan, Absheron) and their relationship with mud volcanism are described. The conclusion substantiates the need to apply modern production technologies (EOR, hydraulic fracturing, digital twins) and create favorable economic and regulatory conditions, including the involvement of small and medium businesses, for the successful development of these resources and ensuring the country’s long-term energy sustainability.

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