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Azeri-Chirag-Gunashli production down in H1 2020 y-o-y

Oil&Gas Materials 13 August 2020 13:40 (UTC +04:00)

By Leman Zeynalova – Trend:

BAKU, Azerbaijan, Aug.13

Total Azeri-Chirag-Gunashli (ACG) production for the first half of 2020 was on average about 498,000 barrels per day (b/d), Trend reports citing BP’s data.

“During the second quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the first half of 2020 was on average about 498,000 barrels per day (b/d) (about 91 million barrels or more than 12 million tonnes in total) from the Chirag (38,000 b/d), Central Azeri (123,000 b/d), West Azeri (122,000 b/d), East Azeri (66,000 b/d), Deepwater Gunashli (96,000 b/d) and West Chirag (53,000 b/d) platforms,” reads the report.

At the end of the quarter, 129 oil wells were producing, while 42 wells were used for water and seven for gas injection, said BP.

This is while total ACG production for the first six months of 2019 was on average 542,400 barrels per day (b/d) (more than 98 million barrels or 13 million tonnes in total) from the Chirag (42,000 b/d), Central Azeri (131,000 b/d), West Azeri (120,000 b/d), East Azeri (94,000 b/d), Deepwater Gunashli (more than 96,000 b/d) and West Chirag (60,000 b/d) platforms.

ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (replaced Chevron as of 16 April 2020 (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh Limited (OVL) (2.31%).

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Follow the author on Twitter: @Lyaman_Zeyn

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