BAKU, Azerbaijan, May 10. Total production from Azeri-Chirag-Guneshli (ACG) block in Azerbaijan in the first quarter of 2024 stood at 339,000 barrels per day, as compared to 386,000 barrels per day in the same period in 2023, showing almost 12.2 percent decrease, Trend reports via bp.
“During the quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the quarter was on average about 339,000 barrels per day (b/d) (about 31 million barrels or 4 million tonnes in total) from the Chirag (21,000 b/d), Central Azeri (92,000 b/d), West Azeri (79,000 b/d), East Azeri (53,000 b/d), Deepwater Gunashli (63,000 b/d) and West Chirag (31,000 b/d) platforms,” said the company.
Reportedly, at the end of the quarter, 139 oil wells were producing, while 43 were used for water and eight for gas injection.
In the first quarter of 2024, ACG completed three oil producer and one water injector wells.
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
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%).
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