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Azeri-Chirag-Gunashli sees decrease in total production y-o-y

Oil&Gas Materials 29 April 2021 13:30 (UTC +04:00)
Azeri-Chirag-Gunashli sees decrease in total production y-o-y

BAKU, Azerbaijan, Apr.29

By Leman Zeynalova – Trend:

Total Azeri-Chirag-Gunashli (ACG) production for the first quarter of 2021 was on average about 484,000 barrels per day (b/d), as compared to about 524,000 barrels per day in Q 1 2020, Trend reports citing BP.

“During the first quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the quarter was on average about 484,000 barrels per day (b/d) (about 44 million barrels or 6 million tonnes in total) from the Chirag (30,000 b/d), Central Azeri (112,000 b/d), West Azeri (130,000 b/d), East Azeri (79,000 b/d), Deepwater Gunashli (89,000 b/d) and West Chirag (44,000 b/d) platforms,” said the company.

At the end of the quarter, 133 oil wells were producing, while 45 were used for water and eight for gas injection.

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 (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

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