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Production at Azerbaijan´s Azeri-Chirag-Guneshli hits 85 million barrels

BP opened its 1st office in Baku in June 1992 and has since then contributed to Azerbaijan’s oil & gas sector through by operating projects such as, Azeri-Chirag-Gunashli, Shah Deniz, Baku-Tbilisi-Ceyhan and South Caucasus Pipeline

Production at Azerbaijan´s Azeri-Chirag-Guneshli hits 85 million barrels

Baku, August 9 - Neftegaz.RU. The total production at Azerbaijan's Azeri-Chirag-Guneshli (ACG) block of fields amounted to 85 million barrels in the half of 2021, BP Azerbaijan has said in its report.

According to the report, during the reported period, the total production on the block of fields amounted to 468,000 barrels per day:
  • the Chirag field accounted for 30,000 b/d
  • Central Azeri for 111,000 b/d
  • West Azeri for 118,000 b/d
  • East Azeri for 78,000 b/d
  • Deepwater Gunashli for 88,000 b/d
  • West Chirag for 43,000 b/d
At the end of the 2nd quarter, 131 wells were producing oil, while 44 wells were used for water and 8 for gas injection.
In addition, ACG completed 6 oil producer and 3 injector wells.

Moreover, during the reported period, ACG delivered 1.6 billion m3, or an average of 9.1 million m3 per day of ACG associated gas to SOCAR, primarily at the Sangachal Terminal, and to SOCAR’s Oil Rocks facility.
The remaining associated gas produced was re-injected for reservoir pressure maintenance.

Likewise, the company spent about $266 million in operating expenditure and more than $846 million in capex on the ACG activities, in the 1st 6 months of the year.

Additionally, the total oil production from the ACG block of fields since the start of its operations has reached more than 3.9 billion barrels.
Furthermore, in January-June 2021, the Shah Deniz field produced around 10 billion m3 of gas and 1.9 million tonnes of condensate.

It should be noted that the existing Shah Deniz facilities’ production capacity is currently about 70 million standard m3 of gas per day.
In the 1st half of the year, more than $1.1 billion were spent in operating expenditure and around $366 million in capex, the majority of which was associated with the Shah Deniz 2 project.

Source : Neftegaz.RU


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