ECONOMY
Azeri-Chirag-Gunashli produced 175 million barrels of oil last year, BP Azerbaijan
Baku, February 4, AZERTAC
Total ACG production for the full year was on average about 477,000 barrels per day (b/d) (about 175 million barrels or 23.6 million tonnes in total) from the Chirag (34,900 b/d), Central Azeri (113,200 b/d), West Azeri (118,900 b/d), East Azeri (64,200 b/d), Deepwater Gunashli (95,400 b/d) and West Chirag (50,400 b/d) platforms. During the year, ACG continued to safely and reliably deliver stable production, BP Azerbaijan told AZERTAC.
“At the end of 2020, 127 oil wells were producing, while 45 wells were used for water and eight for gas injection. Last year, ACG completed 11 oil producer and 2 injector wells.
In 2020, ACG spent more than $531 million in operating expenditure and more than $1,817 million in capital expenditure on ACG activities,” the company said.
ACG participating interests are: BP (30.37 per cent), SOCAR (25 per cent) MOL (replaced Chevron as of 16 April 2020 (9.57 per cent), INPEX (9.31 per cent), Equinor (7.27 per cent), ExxonMobil (6.79 per cent), TPAO (5.73 per cent), ITOCHU (3.65 per cent), ONGC Videsh Limited (OVL) (2.31 per cent).
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
President Ilham Aliyev shared post on Armed Forces Day
- 25.06.2024 [22:03]
Azerbaijan, Russia discuss current situation in region
- 25.06.2024 [21:00]
First day of "By Youth For Youth" International Forum concludes in Shusha
- 25.06.2024 [20:52]
Sabina Aliyeva addresses meeting of OIC ombudspersons in Morocco
- 25.06.2024 [20:33]
Ukraine and Moldova enter formal membership talks with the European Union
- 25.06.2024 [20:04]
® Kapital Bank successfully completed subscription for dollar bonds
- 25.06.2024 [19:51]
Azerbaijani cadet judokas to aim for 'medal rush' at European Championships
- 25.06.2024 [19:44]
Turkish, Armenian foreign ministers hold rare phone call
- 25.06.2024 [19:30]
Shusha hosting International Youth Forum
- 25.06.2024 [18:48]
Youth involvement in major projects essential, says minister
- 25.06.2024 [18:36]
Azerbaijan’s Green World Solidarity Year in spotlight of US media
- 25.06.2024 [18:21]
Young European Ambassadors highlight importance of COP29 in Azerbaijan
- 25.06.2024 [18:13]
® Over 700 young people joined the “This Is the Way” social project!
- 25.06.2024 [17:43]
Nacho Fernandez leaves Real Madrid after more than 2 decades
- 25.06.2024 [17:21]
BHOS students to represent Azerbaijan in US
- 25.06.2024 [17:00]
Cooperation Forum of Azerbaijani NGOs wraps up in Zangilan
- 25.06.2024 [16:56]
Fiji Airways crowned best airline in Australia and Pacific for second year
- 25.06.2024 [16:21]
Azerbaijan, Turkmenistan discuss progress made on Middle Corridor expansion
- 25.06.2024 [15:53]
Euro 2024: Deutsche Bahn's onboard beer sales double
- 25.06.2024 [15:24]
400 Kenyan police officers depart for Haiti to lead UN-backed mission
- 25.06.2024 [15:22]
Germany: Rare Rothschild giraffe born at Berlin zoo
- 25.06.2024 [14:50]
Garlic could be a secret weapon to keep down your glucose and cholesterol
- 25.06.2024 [14:31]
Central Bank: $87m worth of demand fully covered at FX auction
- 25.06.2024 [14:15]
Malaysia hosts exhibition about Shusha – pearl of Karabakh
- 25.06.2024 [13:13]
Oil prices rise in global markets
- 25.06.2024 [10:51]
Azerbaijani oil price slightly increases
- 25.06.2024 [10:42]
Azerbaijani wrestler into European championships final
- 25.06.2024 [10:15]
33 Greco-Roman era family tombs uncovered in Egypt's Aswan
- 25.06.2024 [10:02]
Mattia Zaccagni's last-minute goal brings last 16 ticket to Italy
- 25.06.2024 [08:02]
European Commission says Apple in breach of EU competition rules
- 24.06.2024 [21:00]
Turkish Airlines retains Europe’s best airline title for 9th time
- 24.06.2024 [20:30]
Participants of AZERTAC internship program receive certificates
- 24.06.2024 [19:51]
Azerbaijani female chess player crowned English Chess Champion
- 24.06.2024 [19:31]
AZAL once again named best airline in Central Asia and CIS
- 24.06.2024 [19:10]
Azerbaijan, Kyrgyzstan discuss implementation of joint projects
- 24.06.2024 [18:52]
Zangilan hosts Cooperation Forum of Azerbaijani NGOs
- 24.06.2024 [18:12]
Azerbaijan-Brazil interparliamentary relations discussed
- 24.06.2024 [18:01]
Baku Open 2024 to welcome over 300 chess players
- 24.06.2024 [17:54]
Egyptian Al-Ahram newspaper publishes interview with Azerbaijani ambassador
- 24.06.2024 [17:39]
Princess Anne admitted to hospital after head injury
- 24.06.2024 [17:30]
German Liberals threaten ruling coalition over debt
- 24.06.2024 [17:16]
Drinking coffee may lower risk of death from too much sitting
- 24.06.2024 [16:31]
Azerbaijan extends special quarantine regime until October 1, 2024
- 24.06.2024 [16:08]
Türkiye’s major crypto exchange BtcTurk hit by cyberattack
- 24.06.2024 [14:48]
ANAMA: 946 hectares of territory cleared of mines and UXOs over past week
- 24.06.2024 [14:36]
China's reusable carrier rocket completes first 10-km VTOL test
- 24.06.2024 [13:48]
Climate Action Forum of NAM Youth Organization wraps up in Baku VIDEO
- 24.06.2024 [12:23]
Fire engulfs battery plant, killing one worker
- 24.06.2024 [11:41]
First Azerbaijani diaspora organization founded in South Africa
- 24.06.2024 [11:41]
BHOS students to study in Portugal
- 24.06.2024 [11:23]
Oil prices down in world markets
- 24.06.2024 [10:45]
To His Excellency Mr. Vladimir Putin, President of the Russian Federation
- 24.06.2024 [10:28]
At least 1,301 people died during Hajj - Saudi Arabia
- 24.06.2024 [10:22]
Switzerland make EURO 2024 last 16 despite draw with Germany
- 24.06.2024 [10:21]
Trump says he knows who his vice presidential selection will be
- 23.06.2024 [19:34]
Young Azerbaijani badminton players garner four medals in Serbia
- 23.06.2024 [15:44]
8 missing after landslide hits houses in central China
- 23.06.2024 [15:35]
Japanese Emperor Naruhito finally begins delayed UK state visit
- 23.06.2024 [10:48]