BAKU, Azerbaijan, Oct.29
By Leman Zeynalova – Trend:
Norway’s Equinor company, which holds 7.27 percent share in Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, produced 32,900 barrels of oil equivalent per day (boed) of liquids in the third quarter of 2020, Trend reports referring to Equinor’s data.
This is while in Q2, the company produced 34,200 boed of liquids in the second quarter of 2020, as compared to 38,100 boed in the first quarter of 2020.
In the third quarter of last year the company’s output from ACG equaled to 39,100 boed of liquids.
Total Azeri-Chirag-Gunashli (ACG) production for the first half of 2020 was on average about 498,000 barrels per day (b/d), according to BP’s data.
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.
At the end of the quarter, 129 oil wells were producing, while 42 wells were used for water and seven for gas injection.
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%).
---
Follow the author on Twitter: @Lyaman_Zeyn