Nebit Dag Contract Area Report

Asset Report 26 June 2024

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Report summary

Eni operates the onshore Nebit Dag PSC in west Turkmenistan. The Burun oil and gas field dominates production. Gross oil output is about 10,000 b/d, of which Eni's entitlement was 6,000 b/d in 2023.Around US$2.5 billion (nominal terms) has been invested since PSC signature in 1997. This includes capex and field operating costs. Eni has operated the asset since its 2008 acquisition of Burren Energy and secured a contract extension in 2014.All oil exports are sold FOB on the Caspian Sea ...

Key facts
Summary and key issues
- Summary
- Key issues
Location maps
Participation
- PSC
  - Initial term
  - PSC extension
- Corporate
  - Historical ownership
  - Eni ownership (2008 onwards)
  - State participation
Geology
- Burun
  - Oil quality
- Post-2000 discoveries
Exploration
- PSC E&A activity
  - Current status
  - Previous activity
Reserves and resources
- Overview
  - Modelling
  - Other volumes
- Oil
- Gas
  - Associated gas
  - Non-associated gas
Production
- Oil
  - Initial operations (pre-1997)
  - PSC (1997 onwards)
- Gas
Development
- Key development metrics
- Key development timeline
Infrastructure
- Oil
  - Exports
- Gas
Costs
- Operating costs
  - Abandonment fund payments
  - Transportation costs
Sales contracts
- Oil
  - Overview
  - Current sales
- Gas
3 more item(s)...