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More than 62% of oil produced in ACG fell to the share of Azeri field

09 June 2023 16:45 (UTC +04:00)

Since the development of the "Azeri-Chirag-Guneshli" oil and gas field block located in the Azerbaijani sector of the Caspian Sea till now (as of May 1st), 62.1% and 77% of the produced oil and gas respectively fall to the share of Azeri field, APA-Economics reports citing the calculations conducted in the database of SOCAR.

Thus, during the reporting period, 355.6 mln. tons of oil and 160 billion cubic meters of gas were produced from the Azeri field.

According to the information, 134.2 million tons of oil and 30.4 billion cubic meters of gas have been produced so far from the "Chirag" field, which is part of the ACG block.