ACG sees decline in Q1 production 

During the first quarter, the Azeri-Chirag-Deepwater Gunashli (ACG) continued to safely and reliably deliver stable production, Report informs, referring to BP-Azerbaijan.

Total ACG production for the quarter was on average about 484,000 barrels per day (b/d) (about 44 million barrels or 6 million tonnes in total) from the Chirag (30,000 b/d), Central Azeri (112,000 b/d), West Azeri (130,000 b/d), East Azeri (79,000 b/d), Deepwater Gunashli (89,000 b/d) and West Chirag (44,000 b/d) platforms, which is 6.25% lower than the previous year.

At the end of the quarter, 133 oil wells were producing, while 45 were used for water and eight for gas injection.

In the first quarter of 2021, ACG completed three oil producer and two 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%), ONGC Videsh Limited (OVL) (2.31%).