In 2022, about $ 2 bn. 281 mln. of operation expenditure and about $ 463 mln. (in total— $2 744 bn.) of capital expenditure has been incurred for activities of Shahdeniz gas-condensate field, APA-Economics reports citing BP’s (the operator of the project) report on the results of 2022 on its operations in Azerbaijan.
Majority of the expenses falls on Shahdeniz-2 project.
"In 2022, approximately 25 bn. standard cubic meters of gas and more than 4 mln, tons of condensate were produced from the field - from the Shahdeniz Alpha and Shahdeniz Bravo platforms together. The production capacity of the existing Shahdeniz facilities is currently about 74 mln. standard cubic meters per day (more than 27 billion per year),” the report reads.
Istiglal and Maersk Explorer drilling rigs drilled a total of 21 wells within the Shahdeniz-2 project. These include five wells on the north flank of the field, four wells on the west flank, four wells on the east-south flank, five wells on the west-south flank and three wells on the east-north flank.