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BP increases output from Shah Deniz

Oil&Gas Materials 12 May 2020 12:06 (UTC +04:00)
BP increases output from Shah Deniz

BAKU, Azerbaijan, May 12

By Leman Zeynalova – Trend:

In the first three months of 2020, Azerbaijan’s Shah Deniz field produced around 4.7 billion standard cubic metres (bcm) of gas and 1 million tonnes (7.7 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms, Trend reports with reference to BP Azerbaijan.

This is while in the first quarter of 2019, the field produced 4.3 billion standard cubic metres (bscm) of gas and about 1 million tonnes (7.5 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.

Production from Shah Deniz Bravo has been ramping up since the first gas delivery at the end of July 2018.

The existing Shah Deniz facilities’ production capacity is currently over 56 million standard cubic metres of gas per day or more than 20 bcma.

In the first quarter of 2020, Shah Deniz spent about $219 million in operating expenditure and $219 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project.

During the first quarter of 2020, the Shah Deniz 2 project team continued with offshore construction scope to achieve start-up from the East South flank in 2021. Subsea infrastructure installation is being executed using the Subsea Construction Vessel Khankendi and the pipelay barge Israfil Huseynov in support of delivering plateau gas production from the Shah Deniz field over the coming years.

During the quarter, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC and SOCAR), Turkey (to BOTAS) and to BTC Company in multiple locations.

Shah Deniz participating interests are: BP (operator – 28.8 percent), TPAO (19.0 percent), AzSD (10.0 percent), SGC Upstream (6.7 percent), PETRONAS (15.5 percent), LUKOIL (10.0 percent) and NICO (10.0 percent).

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Follow the author on Twitter: @Lyaman_Zeyn

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