Birrell said this year's money would be spent on drilling 19 wells in the ACG.
In 2013, the BP-led consortium spent $2.8 billion in capital expenditure on ACG, the bulk of it on finishing construction of the West Chirag platform. BP announced the start of oil production from the West Chirag platform last month and said the platform would produce an average of 60,000 barrels per day (bpd) this year.
Birrell said output would fall slightly at the ACG oilfields this year because of planned maintenance work at the Central Azeri and West Azeri platforms, halting operations for a couple of weeks. He did not say when the work would start.
Output at the ACG last year fell 2.2 percent to 32.2 million tonnes (650,000 bpd) from 32.9 million.
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