Asset Report

Block Energy fields

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London-listed Block Energy operates a portfolio of onshore oil and gas fields in Georgia. It entered the country in 2017 and, in 2020, significantly expanded its operations via acquisition of two blocks from Schlumberger.In 2024, production was approximately 780 boe/d. Most of the fields were developed in the Soviet era, when production from the large Samgori-Patardzeuli deposit alone peaked at almost 70,000 boe/d in the early 1980s. Block Energy has begun a comprehensive redevelopment ...

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Tables and charts

This report includes the following images and tables:

    ParticipationKey productive horizonsHydrocarbon and reservoir quality
    Key recent E&A wellsDiscovery summaryReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)Production profileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Annual Gas prices
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    Block Energy fields

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    Block Energy fields

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