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ExxonMobil reduces liquids output at Azeri-Chirag-Gunashli

Oil&Gas Materials 11 May 2022 17:27 (UTC +04:00)
ExxonMobil reduces liquids output at Azeri-Chirag-Gunashli
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, May 11. The volume of liquids production by ExxonMobil at Azeri-Chirag-Gunashli block offshore Azerbaijan stood at 12,000 barrels per day in 2021, as compared to 17,000 barrels per day in 2020, Trend reports with reference to the company.

As such, the company’s ACG output dropped by 29.4 percent year-on-year.

Total Azeri-Chirag-Gunashli production for 2021 was on average about 458,000 barrels per day, as compared to 477,000 barrels per day in 2020, showing a 3.98 percent decrease year-on-year.

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

During the first quarter of 2022, ACG continued to safely and reliably deliver stable production. Total ACG production for the quarter was on average about 434,000 barrels per day (b/d) (about 39 million barrels or 5 million tonnes in total) from the Chirag (25,000 b/d), Central Azeri (106,000 b/d), West Azeri (112,000 b/d), East Azeri (70,000 b/d), Deepwater Gunashli (79,000 b/d) and West Chirag (42,000 b/d) platforms.

ACG participating interests are: bp (30.37 percent), SOCAR (25 percent), MOL (9.57 percent), INPEX (9.31 percent), Equinor (7.27 percent), ExxonMobil (6.79 percent), TPAO (5.73 percent), ITOCHU (3.65 percent), ONGCVidesh (2.31 percent).

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