BAKU, Azerbaijan, Aug.11
By Leman Zeynalova - Trend:
Total oil production from Azeri-Chirag-Gunashli (ACG) since start has reached more than 3.9 billion barrels, Trend reports with reference to bp.
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
ACG completed six oil producer wells during the first half of 2021. ACG completed a complex high-density seismic survey safely and on schedule.
During the second quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the first half of 2021 was on average about 468,000 barrels per day (b/d) (about 85 million barrels or 11 million tonnes in total) from the Chirag (30,000 b/d), Central Azeri (111,000 b/d), West Azeri (118,000 b/d), East Azeri (78,000 b/d), Deepwater Gunashli (88,000 b/d) and West Chirag (43,000 b/d) platforms.
In the first half of 2021, bp spent about $266 million in operating expenditure and more than $846 million in capital expenditure on ACG activities.
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