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BP publicizes volumes & forecasts of production in Azerbaijan's Shah Deniz field

Oil&Gas Materials 18 August 2009 16:27 (UTC +04:00)

Azerbaijan, Baku, Aug. 18 / Trend /

During the first six months of 2009 the Shah Deniz gas-condensate field of Azerbaijan produced 3.4 billion cubic meters of gas and 0.9 million tonnes of condensate, BP 9(operator of the project) reported.

In 2009, it is planned to produce 7.5 billion cubic meters of gas and 1.9 million tonnes of condensate.

During the first half of 2009 the field continued to produce steadily from four pre-drilled wells to off-take points in Azerbaijan, Georgia and the Turkish border.

During the first half of 2009 Shah Deniz production was over about 19 million cubic meters of gas per day and about 40,000 barrels of condensate per day from five wells.

Production will increase as new platform-drilled wells are brought on stream over the next few years. Plateau production from Stage 1 is expected to be 8.6 billion cubic meters of gas per annum and approximately 45,000 barrels of condensate per day.  

Reserves of the Shah Deniz field are estimated at 1.2 trillion cubic meters of gas.

Shah Deniz participating interests are: BP (operator - 25.5%), StatoilHydro (25.5%), SOCAR (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%).

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