Azerbaijan, Baku, August 13 / Trend, E. Ismayilov /
BP, which is the technical operator of the development of the Azerbaijani offshore gas condensate field Shah Deniz, has commissioned a well on an offshore platform located on the field, whose work was suspended earlier for maintenance work, a source in the oil and gas market said today.
"Earlier the production from the well has been suspended for maintenance works, but now it has been put into operation," the source said.
According to him, at present production amounts in the field are gradually approaching those figures that were before the well shutdown (about 20 million cubic meters per day). In this regard, also gas injection into underground gas storage facilities in Azerbaijan is being restored in the previous amount (about 10 million cubic meters per day) and the supply of gas to Turkey via the Baku-Tbilisi-Erzurum pipeline is being increased.
Participants of the agreement on production sharing in "Shah Deniz" project: BP (operator - 25,5 percent), Statoil (25,5 percent), SOCAR (10 percent), LUKOIL (10 percent), NICO (10 percent), Total (10 percent), and TPAO (nine percent).
Now gas is transported to Georgia and Turkey via South Caucasus gas pipeline.
According to the forecasts, it is planned to extract 7.84 billion cubic meters of gas from Shah Deniz field in 2010.
Peak amount of production on the field is expected in the amount of 8.6-9 billion cubic meters. It is forecasted that in the second phase of the field development, here gas production may be brought up to 25 billion cubic meters a year