BP resumes operations on Central Azeri platform in Azerbaijan
Baku, Azerbaijan, Nov. 28
By Emil Ismayilov - Trend:
BP, an operator developing the block of the Azeri-Chirag-Guneshli fields, launched the "Central Azeri" platform. It was stopped earlier for scheduled preventive maintenance, the company said Nov. 28.
"All planned work has been completed," the company said. "The operations have been launched on the platform. It will work to full capacity in the coming days."
"Central Azeri" platform was stopped for scheduled preventive maintenance on October 31. Earlier, it was reported that it must reach full capacity on December 2.
Total ACG production during the nine months of 2014 was 179 million barrels or approximately 24.2 million metric tons in total compared to 24.5 million metric tons (181 million barrels) for the same period of 2013.
Central Azeri (CA) produced on average 169,600 b/d and had 24 wells operating (17 oil producers, 1 water injector and 6 gas injectors).
The contract for the development of Azeri-Chirag-Guneshli large offshore field in the Azerbaijani sector of the Caspian Sea, with proven oil reserve of nearly 1 billion metric tons, was signed in 1994.
Shares in the contract for development of Azeri-Chirag-Guneshli block of fields are distributed as follows: BP (operator in Azeri-Chirag-Guneshli) - 35.78 percent, Chevron - 11.27 percent, Inpex - 10.96 percent, AzACG - 11.65 percent, Statoil - 8.56 percent, Exxon - 8 percent, TPAO - 6.75 percent, Itochu - 4.3 percent and ONGC - 2.72 percent.
edited by CN