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Equinor shares data on average output at Azeri-Chirag-Gunashli

Oil&Gas Materials 23 March 2023 12:08 (UTC +04:00)
Equinor shares data on average output at Azeri-Chirag-Gunashli
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, March 23. Average daily equity production of Norway’s Equinor company from Azeri-Chirag-Gunashli (ACG) block offshore Azerbaijan stood at 30 000 barrels of oil equivalent per day (mboe/d) in 2022, Trend reports with reference to the company.

Equinor’s exploration and production (E&P) International was present in 13 countries and had production in 11 countries in 2022. E&P International accounted for 16 percent of Equinor’s total equity production in 2022, the same level as in 2021. Equinor continues to shape the international oil and gas portfolio, focusing activity in areas with high value potential, and continues to optimize its strong set of development projects.

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), ONGC Videsh (2.31 percent).

During 2022, ACG continued to safely and reliably deliver stable production. Total ACG production for the full year was on average about 415,400 barrels per day (b/d) (about 152 million barrels or 20 million tonnes in total) from the Chirag (25,200 b/d), Central Azeri (104,100 b/d), West Azeri (106,400 b/d), East Azeri (64,000 b/d), Deepwater Gunashli (76,300 b/d) and West Chirag (39,400 b/d) platforms.

A total of 570 million tons of oil and 205 billion cubic meters of natural gas have been produced from the of the Azeri-Chirag-Gunashli (ACG) block of fields since its commissioning.

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Follow the author on Twitter: @Lyaman_Zeyn

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