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Total oil production from ACG since start revealed

Oil&Gas Materials 5 February 2021 10:16
Total oil production from ACG since start revealed

BAKU, Azerbaijan, Feb.5

By Leman Zeynalova – Trend:

Total oil production from Azeri-Chirag-Gunashli (ACG) field in Caspian Sea since start has reached more than 3.8 billion barrels, Trend reports with reference to BP’s data.

Total Azeri-Chirag-Gunashli (ACG) production for 2020 was on average about 477,000 barrels per day (b/d).

“During the year, ACG continued to safely and reliably deliver stable production. Total ACG production for the full year was on average about 477,000 barrels per day (b/d) (about 175 million barrels or 23.6 million tonnes in total) from the Chirag (34,900 b/d), Central Azeri (113,200 b/d), West Azeri (118,900 b/d), East Azeri (64,200 b/d), Deepwater Gunashli (95,400 b/d) and West Chirag (50,400 b/d) platforms,” said the company.

At the end of 2020, 127 oil wells were producing, while 45 wells were used for water and eight for gas injection.

In 2020, ACG completed 11 oil producer and 2 injector wells.

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

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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