ECONOMY


BP Azerbaijan: ACG production for two quarters equals to 119 million barrels

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Baku, August 23, AZERTAC

“In the first half of 2016, Azeri-Chirag-Gunashli continued to safely and reliably deliver stable production. Total ACG production for the two quarters was on average 655,000 barrels per day (b/d) (over 119 million barrels or 16 million tonnes in total) from the Chirag (51,000 b/d), Central Azeri (153,000 b/d), West Azeri (117,000 b/d), East Azeri (71,000 b/d), Deepwater Gunashli (136,000 b/d) and West Chirag (127,000 b/d) platforms,” according to BP Azerbaijan.

“In the first half of the year, we spent approximately $260 million in operating expenditure and $828 million in capital expenditure on ACG activities. At the end of June, 102 oil wells were producing, while 43 wells were used for gas or water injection,” the company said.

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