Baku, Azerbaijan, Aug. 31
By Maksim Tsurkov - Trend:
The BP company has completed drilling of a new well on the Azeri-Chirag-Guneshli (ACG) block of offshore fields in the Azerbaijani sector of the Caspian Sea, a source on the oil and gas market of Azerbaijan told Trend August 31.
The C32 well has not yet been commissioned, according to the source.
"The project depth of the well is 4,946 meters," said the source. "The well will be commissioned in a few days after the completion of all preparatory work."
The drilling was carried out from the West Azeri platform.
British BP and its partners produced 16 million metric tons (116 million barrels) during the first half of 2015 on Azeri-Chirag-Guneshli (ACG) block of Azerbaijani oil and gas fields, which is the same as in the first half of 2014.
Average daily oil production in the ACG for the period amounted to 641,000 barrels. At the same time, average oil production at the West Azeri platform was 107,000 barrels.
The contract for the development of Azeri-Chirag-Guneshli large offshore field in the Azerbaijani sector of the Caspian Sea, with proven oil reserve of nearly 1 billion metric tons, was signed in 1994.
Shares in the contract for development of Azeri-Chirag-Guneshli block of fields are distributed as follows: BP (operator in 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, Itochu - 4.3 percent and ONGC - 2.72 percent.
Edited by CN
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