BAKU, Azerbaijan, May 4. Total Azeri-Chirag-Gunashli (ACG) production for the first quarter of 2023 was on average about 386,000 barrels per day, as compared to 434,000 barrels per day in 1Q 2022, Trend reports via bp.
As such, ACG’s output fell by 11.05 percent year-on-year.
“During the first quarter of 2023, ACG continued to safely and reliably deliver stable production. Total ACG production for the quarter was on average about 386,000 barrels per day (b/d) (about 35 million barrels or 5 million tonnes in total) from the Chirag (24,100 b/d), Central Azeri (100,000 b/d), West Azeri (93,300 b/d), East Azeri (64,200 b/d), Deepwater Gunashli (69,400 b/d) and West Chirag (35,000 b/d) platforms,” reads the report.
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%), ONGCVidesh (2.31%).
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
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