Baku, Azerbaijan, May 27
By Maksim Tsurkov - Trend:
Since the beginning of 2015, five wells have been commissioned on the Azeri-Chirag-Guneshli (ACG) block of the Azerbaijani offshore fields, a source on the oil and gas market of Azerbaijan told Trend May 27.
Drilling on 21 wells will be carried out in general in 2015 at the ACG, according to the source.
"According to the plans, drilling operations will be conducted on 21 wells, 14 of which are planned to be commissioned," said the source. "Today, work is being carried out on 14 wells and five production wells have already been put into operation."
He said that drilling on one injection well was also completed.
"An underwater injector well for water injection was drilled, but it has not yet been commissioned," said the source. "All the work on it will be completed when the Dede Gorgud rig returns to ACG after repair."
In total, in the first quarter of 2015, some 84 producing and 40 injection wells were operating on the ACG.
In the first quarter of 2015, the British BP and partners have produced 8 million metric tons of oil (59 million barrels) on the Azeri-Chirag-Guneshli (ACG) block of Azeri oil and gas fields, which was similar to volume produced in the first quarter of 2014.
BP and its partners produced 31.5 million metric tons of oil (233 million barrels) at Azeri-Chirag-Guneshli block of oil and gas fields in 2014, compared to 32.2 million metric tons (239 million barrels) in 2013.
The contract for development of ACG field was signed in 1994.
The shareholders of the project are: BP (operator in the Azeri-Chirag-Guneshli) - 35.78 percent, Chevron - 11.27 percent, Inpex - 10.96 percent, AzACG - 11.65 percent, Statoil - 8.56 percent, Exxon - 8 percent, TPAO - 6.75 percent, Itocu - 4.3 percent and ONGC - 2.72 percent.
Edited by CN
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