| Nakhchivan field | |
| Country: | Azerbaijan |
| Offonshore: | Offshore |
| Relief: | yes |
| Partners: | RWE Dea, SOCAR |
| Discovery: | 1960 |
| Est Gas Bcm: | 300 |
Nakhchivan field is an offshore oil and gas field the Caspian Sea, Azerbaijan. It is located south of Baku, at a depth of 400-.[1]
Nakhchivan deposit was discovered in 1960. It was prepared for drilling in 1994. In 1997, ExxonMobil and the State Oil Company of Azerbaijan Republic (SOCAR) signed a contract for the exploration of the field; however, this contract was later terminated due to the absence of significant reserves.[1] [2]
On 10 March 2010 it was reported that the German oil company RWE Dea signed a memorandum with SOCAR for developing the field.[1] [2] [3]
According to preliminary government estimates, the Nakhchivan field may contain up to 300 billion cubic meters of natural gas and 40 million tonne of natural gas condensate.[1] [2]