AIOC significantly raises oil production in Azerbaijan

Oil&Gas Materials 7 June 2006 15:36 (UTC +04:00)

In January-May 2006 the Azerbaijan International Operational Company (AIOC) developing the offshore block Azeri-ChiragGuneshli (ACG) produced 8.223mt of Azeri Light oil in the entire contract area, up 4.298m over year. The production rise is explained with commencement of production at West Azeri in January 2006.

AIOC officials told Trend that during January-May 2006 production at Chirag totaled 3.084mt, up 160kt over year. During January-May 2006, 5.137mt of oil have been produced at Azeri field (both West and Central), up 4.167mt over year.

During May 2006, oil production totaled 1.851mt against 1.711mt in April. Chirag platforms in May produced 642.29kt against 617.176k in April. West and Central Azeri platforms produced 1.209mt of oil against 1.094mt in April.