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40.6 mln tons of oil produced in ACG last year

02 March 2011 12:52 (UTC +04:00)

Baku. Ali Ahmedov â€“ APA-Economics. In 2010 ACG produced on average 823,100 barrels per day (b/d) (300.4 million barrels or 40.6 million tonnes) from the Chirag, Central Azeri, West Azeri, East Azeri and Deep Water Gunashli platforms.

Chirag had 15 wells in operation (10 oil producers and 5 water injectors) and during 2010 it produced on average about 93,200 b/d. Central Azeri (CA) had 17 wells (12 oil producers 5 gas injectors) and during 2010 it produced on average about 205,300 b/d. West Azeri (WA) had 20 wells (15 of which are oil producers and 5 water injectors) and during 2010 it produced on average around 248,200 b/d. East Azeri (EA) had 13 wells (9 of which are oil producers and 4 water injectors) and during2010 it produced on average around 140,700 b/d. Deep Water Gunashli (DWG) had 23 wells (12 oil producers and 11 water injectors) and during2010 it produced on average about 135,600 b/d of oil.

During the year around 9.4 million cubic metres (about 332 million standard cubic feet) per day of ACG associated gas was delivered to SOCAR. In total 3.4 billion cubic metres (about 121.2 billion standard cubic feet) of associated gas was delivered to SOCAR during 2010. This exceeded the original plan to deliver 1.9 billion cubic meters of ACG associated gas during the full year.

During 2010 ACG spent $426 million in operating expenditure and $1,648 million in capital expenditure

ACG participating interests are: BP (operator â€“ 37.4%), Chevron (11.3%), SOCAR (10%), INPEX (11%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.7%), ITOCHU (4.3%), Hess (2.7%).