BP Decreases Daily Oil Production Forecast in Azerbaijan by 34,000 barrels
Azerbaijan, Baku / corr Trend S.Aliyev / ВР Azerbaijan has changed the forecast on oil production from the Azeri-Chirag-Gunashli fields, a bit decreasing it. In accordance with the forecasts, the figure will comprise 674,000 barrels of oil a day in average as compared to 708,000 barrels at the beginning of the year, Bill Schrader, President of BP Azerbaijan, said. At present production from the Chirag, central, West, East and West Azeri comprises 720,000 barrels of oil a day.
During the first nine months of the year we produced a total of about 180 million barrels (about 24.5 million tonnes and around 657,000 barrels per day average) from the Chirag, Central Azeri, West Azeri and East Azeri platforms. Our current total d aily production is around 720,000 barrels per day.
Our latest forecast is to produce an average of 674,000 barrels per day (33 million tonnes pa) from the four platforms in total for the full year. Of this, 131,000 barrels per day is expected from Chirag, 239,500 barrels per day from Central Azeri, 177,500 barrels per day from West Azeri and 126,000 barrels per day from East Azeri.
The forecasts on gas production remains unchanged - 2.8bln cu m. Over the first half year production rate was 1.7mln cu m.
Chirag has 21 wells in operation (14 oil producers and 7 water injectors) and is now producing around 116,000 barrels per day. From the start of production in November 1997 to the end of the third quarter 2007, Chirag had produced about 418.4 million barrels (about 57 million tonnes) of oil.
Central Azeri (CA) has 16 wells (12 oil producers and 4 gas injectors). CA is currently producing around 280,000 barrels per day. From the start of production in February 2005 to the end of the third quarter 2007, CA had produced over 191 million barrels (over 30 million tonnes) of oil.
West Azeri (WA) has 10 wells (8 of which are oil producers and 2 water injectors). WA is currently producing around 188,000 barrels per day. From the start of production in early January 2006 to the end of the third quarter 2007, WA had produced about 81 million barrels (about 13 million tonnes) of oil.
East Azeri (EA) is currently producing around 136,000 barrels per day from 7 producing wells. From the start of production in October 2006 to the end of the third quarter 2007, EA had produced about 38 million barrels (about 6 million tonnes) of oil.