BP releases three-quarter results on ACG output
Oil giant BP, which operates Azerbaijan’s major
Azeri-Chirag-Gunashli (ACG) fields in the Caspian Sea, produced
more than 224 million barrels (more than 30 million tons or 822,100
barrels a day) from the fields during the first three quarters of
2009, the company said.
Of the 822,100 barrel daily average production 105,300 b/d came from Chirag, 185,800 b/d from Central Azeri, 275,200 b/d from West Azeri, 139,400 b/d from East Azeri and 116,400 b/d from the Deep Water Gunashli platform.
During the mentioned period ACG spent about $540 million in operating expenditure and $723 million in capital expenditure. For the full year BP expects to spend about $839 million in operating expenditure and $1,639 million in capital expenditure on ACG activities.
ACG participating interests are: BP (operator – 34.1%), Chevron (10.2%), SOCAR (10%), INPEX (10%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.8%), Devon (5.6%), ITOCHU (3.9%), Hess (2.7%).*
Of the 822,100 barrel daily average production 105,300 b/d came from Chirag, 185,800 b/d from Central Azeri, 275,200 b/d from West Azeri, 139,400 b/d from East Azeri and 116,400 b/d from the Deep Water Gunashli platform.
During the mentioned period ACG spent about $540 million in operating expenditure and $723 million in capital expenditure. For the full year BP expects to spend about $839 million in operating expenditure and $1,639 million in capital expenditure on ACG activities.
ACG participating interests are: BP (operator – 34.1%), Chevron (10.2%), SOCAR (10%), INPEX (10%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.8%), Devon (5.6%), ITOCHU (3.9%), Hess (2.7%).*
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
Subscribe
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!