ACG produces 29 million in total tonnes of oil last year

ACG produces 29 million in total tonnes of oil last year
# 16 February 2018 09:27 (UTC +04:00)

In 2017, ACG continued to safely and reliably deliver stable production, BP-Azerbaijan told APA-Economics.

Total ACG production for the year was on average 588,000 barrels per day (b/d) (about 215 million barrels or 29 million tonnes in total) from the Chirag (51,000 b/d), Central Azeri (137,000 b/d), West Azeri (124,000 b/d), East Azeri (82,000 b/d), Deepwater Gunashli (117,000 b/d) and West Chirag (77,000 b/d) platforms.

At the end of the year, 115 oil wells were producing, while 54 wells were used for gas and water injection. ACG completed 17 oil producer and 3 water injector wells in 2017.

ACG participating interests are: BP (30.37 per cent), SOCAR (25.0 per cent), Chevron (9.57 per cent), INPEX (9.31 per cent), Statoil (7.27 per cent), ExxonMobil (6.79 per cent), TPAO (5.73 per cent), ITOCHU (3.65 per cent), ONGC Videsh Limited (OVL) (2.31 per cent).

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