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Azeri-Chirag-Gunashli production down in 2019

Oil&Gas Materials 6 February 2020 14:40 (UTC +04:00)

BAKU, Azerbaijan, Feb.6

By Leman Zeynalova – Trend:

Azeri-Chirag-Gunashli (ACG) production for 2019 stood at 535,000 barrels per day, Trend reports citing BP Azerbaijan.

“During the year, ACG continued to safely and reliably deliver stable production. Total ACG production for the full year was on average about 535,000 barrels per day (b/d) (more than 195 million barrels or 26 million tonnes in total) from the Chirag (41,000 b/d), Central Azeri (134,000 b/d), West Azeri (121,000 b/d), East Azeri (89,000 b/d), Deepwater Gunashli (96,000 b/d) and West Chirag (54,000 b/d) platforms,” BP said in its report.

This is while in 2018, total ACG production for the full year was on average 584,000 barrels per day (b/d) (about 213 million barrels or 29 million tonnes in total).

At the end of 2019, 125 oil wells were producing, while 46 wells were used for water and seven for gas injection, reads the report.

ACG participating interests are: BP (30.37 percent), SOCAR (25 percent), Chevron (9.57 percent), INPEX (9.31 percent), Equinor (7.27 percent), ExxonMobil (6.79 percent), TPAO (5.73 percent), ITOCHU (3.65 percent), ONGC Videsh Limited (OVL) (2.31 percent).

BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.

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Follow the author on Twitter: @Lyaman_Zeyn

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