BAKU, Azerbaijan, May 12
By Leman Zeynalova – Trend:
Total Azeri-Chirag-Gunashli (ACG) production for the first quarter of 2020 was on average about 524,000 barrels per day (b/d) (about 48 million barrels or more than 6.4 million tonnes in total), Trend reports citing BP Azerbaijan.
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
“During the first quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the quarter was on average about 524,000 barrels per day (b/d) (about 48 million barrels or more than 6.4 million tonnes in total) from the Chirag (39,000 b/d), Central Azeri (136,000 b/d), West Azeri (125,000 b/d), East Azeri (78,000 b/d), Deepwater Gunashli (95,000 b/d) and West Chirag (51,000 b/d) platforms,” reads the BP report on Q1 2020.
This is while in the first quarter of 2019, total ACG production was on average 571,000 barrels per day (b/d) (about 52 million barrels or 7 million tonnes in total).
At the end of the first quarter of 2020, 129 oil wells were producing, while 42 wells were used for water and seven for gas injection.
ACG participating interests are: BP (30.37 percent), SOCAR (25 percent), MOL (replaced Chevron as of 16 April 2020 (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).
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