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BP and Partners Commence Azeri Light Oil Production on Guneshli Field in Azerbaijan

Oil&Gas Materials 22 April 2008 14:23 (UTC +04:00)
BP and Partners Commence Azeri Light Oil Production on Guneshli Field in   Azerbaijan

Azerbaijan, Baku, 22 April /corr. Trend S.Aliyev / BP Company, operator of the full-scale development project of Azeri-Chirag-Guneshli fields, commenced producing Azeri Light oil from the deep parts of Guneshli, the Company stated on 22 April. Production commenced from one well. Earlier before establishing the platform, pre-drill wells were drilled on the field, which are currently being put into operation.

Beginning oil production on the Guneshli field will provide the opportunity to increase the gross volume of production in the contracted areaAzeri-Chirag-Guneshli up to 1mln barrels of oil per day in 2008. The key volume of the oil production from Azeri-Chirag-Guneshli is being exported via Baku-Tbilisi-Ceyhan.

Currently the western, central and eastern parts of Azeri and Chirag fields are being developed. The Guneshli field is the final stage of development of the fields. Two platforms have been established, one platform for drilling and production and one for pumping water into the layers. Pumping is being carried out from three groups of underwater manifolding.

The Azeri-Chirag-Guneshli PSA was signed in September 1994. The agreement provides for the development of the contract area within 30 years.

Production in the Chirag field commenced in 1997, on Central Azeri at the beginning of 2005, West Azeri at the beginning of 2006, and East Azeri at the end of 2006. The production from the Deepwater Gunashli field is scheduled for mid-2008.

The correspondent can be contacted at: [email protected]

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