Gum Deniz is an offshore oil and gas field in the Caspian Sea, located 21 km (13 mi) southeast of Baku, Azerbaijan.
Gum Deniz has produced approximately 28.9 million tonnes of oil and 27 billion cubic meters of gas to date.
[6] SOCAR announced this was 28th agreement it signed with a foreign investor on production sharing terms.
Rovnag Abdullayev emphasized that SOCAR is planning to increase the overall gas production of Azerbaijan to 1 trillion cm.
[7][9] It is estimated that Gum Deniz field holds 4.52 million tonnes of oil and 1.94 billion cubic meters of gas reserves.