16.4 mln tonnes of oil extracted from ACG in 2013

16.4 mln tonnes of oil extracted from ACG in 2013
# 06 August 2013 15:32 (UTC +04:00)

For the full year, we expect to spend about $758 million in operating expenditure and $2,514 million in capital expenditure on ACG activities.

During the first half of 2013, ACG produced on average 672,000 barrels per day (b/d) (about 122 million barrels or 16.4 million tonnes in total) from the Chirag, Central Azeri, West Azeri, East Azeri and Deepwater Gunashli platforms.

At the end of the first half of the year, a total of 72 oil wells were producing, while 31 wells were used for injection in the ACG field.

Note that, ACG participating interests are: BP (operator – 35.8%), Chevron (11.3%), SOCAR (11.6%), INPEX (11%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.8%), ITOCHU (4.3%), ONGC Videsh Limited (OVL) (2.7%).

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THE OPERATION IS BEING PERFORMED