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bp updates on drilling activities for Shah Deniz 2

Oil&Gas Materials 3 August 2023 13:25 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Aug.3. In total 21 wells have been drilled for Shah Deniz 2, Trend reports via bp.

These include five wells on the North flank, four wells on the West flank, four wells on the East South flank, five wells on the West South flank and three wells on the East North flank.

For the Shah Deniz 2 project, completion activities continue using the Istiglal rig. During the first half of 2023, the Shah Deniz Alpha platform rig was on warm stack.

The existing Shah Deniz facilities’ production capacity is currently about 72.6 million standard cubic metres of gas per day or approximately 26.5 billion standard cubic metres per year.

During the first six months, the Shah Deniz field continued to provide gas to markets in Azerbaijan (to Azerkontrakt), Georgia (to GOGC), Türkiye (to BOTAS), BTC in multiple locations and to buyers in Europe.

In the first half of 2023, bp and its co-venturers spent around $1,208 million in operating expenditure and around $408 million in capital expenditure on Shah Deniz activities, the majority of which was associated with the Shah Deniz 2 project.

Shah Deniz participating interests are: bp (operator – 29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%).

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