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Commissioning of new wells at ACG, Shah Deniz continues

Economy Materials 4 July 2019 16:56 (UTC +04:00)

Baku, Azerbaijan, July 4

By Eldar Janashvili - Trend:

At six platforms being operated at the Azeri-Chirag-Guneshli (ACG) fields, as of the end of the first quarter this year, production has been carried out from 119 oil wells, Trend reports referring to the BP website.

During the reporting period, 42 wells were used for water injection into the reservoirs, while 7 wells were used for gas injection.

According to the BP in Azerbaijan Sustainability Report 2018 report, at the end of last year, a total of 117 oil wells were producing, and 44 wells were used for water and seven for gas injection. "A total of 14 oil producer and three water injector wells were completed during the year," it says.

Total ACG production for last year was on average 584,000 barrels per day (about 213 million barrels or 29 million tons in total), the report reads.

"We also delivered around 6.4 million cubic meters per day of ACG associated gas to the State Oil Company of Azerbaijan (SOCAR) which equates to 2.3 billion cubic meters in total for the year," says the report. "We spent about $505 million in operating expenditure and about $1.15 billion in capital expenditure on ACG activities in 2018."

At the Shah Deniz gas condensate field, where BP is also the operator, in the first quarter this year, production amounted to 4.3 billion cubic meters of natural gas and one million tons of gas condensate (7.5 million barrels).

The field produced about 11.5 billion standard cubic meters (bcm) of gas and 2.6 million tons (about 20.5 million barrels) of condensate in 2018, according to the BP report.

Shah Deniz spent more than $578 million in operating expenditure and more than $1.44 billion in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, in 2018.

During 2018, the Shah Deniz Alpha platform drilled and completed the SDA11 well. Also, integrity jobs were conducted on SDA04 and SDA05 wells. The Istiglal drilling rig delivered five subsea completions – two on the West Flank and three on the East South Flank. The Maersk Explorer rig drilled the SDH02A well to the final depth.

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