Production continues on Shah Deniz platform in Caspian Sea Azerbaijani sector
Azerbaijan, Baku, June 22 / Trend /
Azerbaijani's Shah Deniz platform continues production in the Caspian Sea, however, with a reduced volume resulting from power supply problems, BP Azerbaijan said.
There is no problem with the platform's safety and staff that is not involved in operations has been delivered to the ground level.
Power supply problems occurred in the generators, perhaps caused by the diesel fuel being used.
The company has not specified the current production volume, however, before the problems occurred, production volumes reached about 18 million cubic meters per day from three wells.
Peak production is forecast at over 9 billion cubic meters of gas and 50,000 barrels of condensate per day. According to forecasts, within the second phase of the field's development gas production may be increased to 25 billion cubic meters per year.
Shah Deniz reserves are estimated at an amount of 1.2 trillion cubic meters of gas.
The contract to develop the offshore Shah Deniz field was signed June 4, 1996. Agreement participants are BP (operator) - 25.5 percent, Statoil - 25.5 percent, NICO - 10 percent, Total - 10 percent, LukAgip - 10 percent, TPAO - 9 percent, and SOCAR - 10 percent.