BAKU, Azerbaijan, November 2. Azeri-Chirag-Gunashli (ACG) produced on average about 368,000 barrels per day in the third quarter of 2023, as compared to 418,000 barrels per day in over the same period of 2022, a source at bp told Trend.
As such, the volume of ACG daily production dropped by 11.9 percent year-on-year.
"During the third quarter of 2023, ACG continued to safely and reliably deliver stable production. Total ACG production for the first three quarters was on average about 368,000 b/d (about 100 million barrels or 14 million tons in total) from the Chirag (23,000 b/d), Central Azeri (96,000 b/d), West Azeri (89,000 b/d), East Azeri (59,000 b/d), Deepwater Gunashli (67,000 b/d) and West Chirag (34,000 b/d) platforms," the company said.
According to the company, at the end of the third quarter of the current year, 136 oil wells were producing, while 45 were used for water and eight for gas injection.
Meanwhile, in the first three quarters of 2023, ACG completed six oil producer, five water injector and one gas injector wells.
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGCVidesh (2.31%).