Azerbaijan - Crude Oil including Lease Condensate Reserves

600.95 (thousand barrels per day) in December 2023

In December 2023, crude oil reserves for Azerbaijan was 600.95 thousand barrels per day. Crude oil reserves of Azerbaijan fell gradually from 648.95 thousand barrels per day in January 2023 to 600.95 thousand barrels per day in December 2023.

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What is crude oil reserves?

Proved reserves of crude oil as of January 1 of the report year are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.

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What is Azerbaijan crude oil reserves?