West Azeri Platform Marks 1 Billion Barrels Milestone

Friday, December 29, 2023

West Azeri platform, located in the Caspian Sea at Azeri-Chirag-Gunashli (ACG) oil field, has achieved 1 billion barrels total production.

The announcement was made by BP, which is the operator of ACG oil field, on behalf of its partners SOCAR, MOL, INPEX, Equinor, ExxonMobil, TPAO, ITOCHU, and ONGC Videsh.

West Azeri, one of the seven ACG production platforms in the Caspian, reached the milestone on December 12, 2023. The platform is a significant contributor to the 4.3 billion barrels of total ACG production since the field started up in November 1997.

“This is the second ACG platform that has crossed over the one billion barrels line to continue its second billion barrels of total production journey. Central Azeri was the first platform to proudly reach this achievement much earlier than others – in July 2021.

“And now we have West Azeri as our second billionaire platform, and we hope to continue this remarkable series of success stories.

“I would like to congratulate all the teams who have contributed to this brilliant success and thank them all for their safe and efficient performance and excellent delivery. My special thanks to those members of the West Azeri family who have been part of this great asset since its first day,” said Elkhan Mammadov, BPs vice president production, Azerbaijan, Georgia, Türkiye region.

The West Azeri platform started up in December 2005.

Currently, around 200 people work on the platform, the majority of whom are Azerbaijani nationals including the platform’s two managers.

More than 40 wells and multiple sidetracks have been drilled on West Azeri since 2005. At the moment, 35 of them are active - 26 producers and nine water injectors.

One of the first wells which came online in 2005 is C-06 - a top producer well with initial production rate of 35,000 barrels of oil per day. To date, the well has delivered total production of 80 million barrels.

Current daily West Azeri production is 85,000 barrels of oil.

Categories: Energy Industry News Activity Europe Oil Production Asia Caspian Sea

Related Stories

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Borr Drilling Nets Close to $160M in Fresh Contracts for Three Jack-Ups

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

Petronas Books Three Velesto’s Jack-Up Rigs

JUB Pacific Bolsters Liftboat Fleet

Turkish Oil Terminal Halts Russian Oil Business

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

BW Opal FPSO Starts Taking Final Shape Ahead of Barossa Assignment

CNOOC’s Oil Field in Bohai Sea Starts Production

Current News

Unique Group Acquires Subsea Innovation

ConocoPhillips Misses Quarterly Profit Estimates

Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

BP Suspends Production at Azerbaijani Platform for Maintenance Works

SOVs – Analyzing Current, Future Demand Drivers

Decarbonization Offshore O&G: Navigating the Path Forward

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com