BAKU, Azerbaijan, Apr.5
By Leman Zeynalova - Trend:
Average daily production volume of Japan’s INPEX company from Azerbaijan’s Azeri-Chirag-Gunashli (ACG) block stood at 477,000 bbl/d for January to December 2020 on the basis of all fields, Trend reports with reference to the company.
BP data shows that total ACG production for the full year of 2020 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.
In 2021, the level of production at ACG is forecasted at 487,000 barrels per day.
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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