Log in
Subscribe
Wednesday, September 2, 2026

SOCAR

Comstock strikes $1.65 billion SOCAR deal, $450 million Haynesville drilling JV- oil and gas 360

Comstock strikes $1.65 billion SOCAR deal, $450 million Haynesville drilling JV

September 2, 2026

(World Oil) – Comstock Resources has announced a proposed $1.65 billion strategic partnership with Azerbaijan’s SOCAR alongside a $450 million drilling venture backed by Jerry Jones, providing new capital to accelerate development of the company’s Legacy and Western Haynesville natural gas assets. Under a letter of intent, SOCAR would pay $1.65 billion in cash for a 20% non-operated working interest in Comstock’s Legacy Haynesville assets and a 15%

MOL Group to operate new onshore exploration block under SOCAR agreement in Azerbaijan- oil and gas 360

MOL Group to operate new onshore exploration block under SOCAR agreement in Azerbaijan

December 18, 2025

(World Oil)– MOL Group and SOCAR have signed a comprehensive onshore exploration, development and production sharing agreement covering the Shamakhi-Gobustan region of Azerbaijan, strengthening their long-standing upstream partnership in the Caspian region. Under the agreement, MOL Group will serve as operator with a 65% working interest, while SOCAR will hold the remaining 35%. The fully termed deal follows a preliminary alignment reached by

Linkedin X-twitter Facebook Youtube

Premium Content

OAG360 Premium Content - Dashboard

• Valuation Dashboards

• Marketwatch Stock Data

• Earnings & Events Calendar

• EnerCom Conference Replays

• Industry Insights & Opinions

Subscribe