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

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

Kazakhstan Looks to Improve Oil Production Agreements Terms

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Current News

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

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