BP discloses volume of ACG production in first quarter of 2024

In the first quarter of 2024, total ACG production was on average about 339,000 barrels per day (b/d) (about 31 million barrels or 4 million tonnes in total) from the Chirag (21,000 b/d), Central Azeri (92,000 b/d), West Azeri (79,000 b/d), East Azeri (53,000 b/d), Deepwater Gunashli (63,000 b/d) and West Chirag (31,000 b/d) platforms, Report informs, citing BP-Azerbaijan.

The volume of production from ACG is about 4 million barrels (20%) less than the corresponding period in 2023.

At the end of the quarter, 139 oil wells were producing, while 43 were used for water and eight for gas injection.

In the first quarter of 2024, ACG completed three oil producer and one water injector wells.

ACG participating interests are: BP (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), and ONGCVidesh (2.31%).

BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.