BAKU, Azerbaijan, July 26. Average daily equity production of Norway’s Equinor company from Azeri-Chirag-Gunashli (ACG) block offshore Azerbaijan stood at 26 500 barrels of oil equivalent per day in the second quarter of 2023, as compared to 30 200 barrels of oil equivalent per day in 2Q 2022, Trend reports with reference to the company.
As such, the company’s production dropped by 12.3 percent year-on-year.
Equinor’s output from ACG also dropped quarter-on-quarter by 5.4 percent, as in 1Q 2023 this figure stood at 28 000 barrels of oil equivalent per day.
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.
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