BAKU, Azerbaijan, November 4 The Azeri-Chirag-Gunashli (ACG) oil field offshore Azerbaijan, has achieved a remarkable milestone by producing over 4.3 billion barrels of oil since its inception in November 1997 until the conclusion of the third quarter in 2023, Trend reports via bp.
During the third quarter of 2023, ACG continued to safely and reliably deliver stable production. Total ACG production for the first three quarters was on average about 368,000 barrels per day (b/d) (about 100 million barrels or 14 million tonnes in total) from the Chirag (23,000 b/d), Central Azeri (96,000 b/d), West Azeri (89,000 b/d), East Azeri (59,000 b/d), Deepwater Gunashli (67,000 b/d) and West Chirag (34,000 b/d) platforms.
At the end of the third quarter, 136 oil wells were producing, while 45 were used for water and eight for gas injection.
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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