ACG production for three quarters made up on average 644,000 barrels per day

ACG production for three quarters made up on average 644,000 barrels per day
  • Clock-gray 10:51
  • calendar-gray 18 November 2016

Baku – APA-Economics. In the third quarter, ACG continued to safely and reliably deliver stable production, BP Azerbaijan told APA-Economics. 

 

Total ACG production for the three quarters was on average 644,000 barrels per day (b/d) (over 176 million barrels or 24 million tonnes in total) from the Chirag (53,000 b/d), Central Azeri (149,000 b/d), West Azeri (116,000 b/d), East Azeri (74,000 b/d), Deepwater Gunashli (127,000 b/d) and West Chirag (125,000 b/d) platforms.

 

As part of BP’s ACG annual work programme, it implemented a planned facility shut down programme (turnaround - TAR) on the Deepwater Gunashli platform in September. In accordance with the plan, production from the Deepwater Gunashli platform was suspended in September for about 11 days to enable efficient maintenance, inspection and project work to be undertaken. This work, which was designed to maintain the long-term ability of the platform to produce in a safe, reliable and environmentally sound way, was completed safely and on schedule.

 

At the end of September, 102 oil wells were producing, while 45 wells were used for gas or water injection. Out of these wells five were among BP’s top 10 producing wells around the world as of the end of September 2016. In addition, three of Shah Deniz wells are also among BP’s top 10 producing wells globally.

 

ACG completed 13 oil producer wells, 4 water injection wells and 1 gas injector well during the first three quarters of 2016.

 

In the first three quarters of 2016, BP spent approximately $378 million in operating expenditure and $1.12 billion in capital expenditure on ACG activities.

 

ACG participating interests are: BP (35.8 per cent), SOCAR (11.6 per cent), Chevron (11.3 per cent), INPEX (11 per cent), Statoil (8.6 per cent), ExxonMobil (8 per cent), TPAO (6.8 per cent), ITOCHU (4.3 per cent), ONGCVidesh Limited (OVL) (2.7 per cent).

 

 

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