The BP-operated Azeri-Chirag-Gunashli (ACG) deep water oil field hit an oil production milestone yesterday as it reached its three billionth barrel, BP announced in a statement.
The field located east of Baku, the largest in the Azerbaijan sector of the Caspin basin, started producing in 1997.
“This is a significant milestone for both BP and Azerbaijan and it is thanks to huge efforts by all individuals and teams involved. I would like to thank everybody who made this day happen,” BP regional president for Azerbaijan-Georgia-Turkey, Gordon Birrell, was quoted as saying.
BP Reaches Oil Production Milestone
The ACG development comprises six production platforms and two process, gas compression, water injection and utilities (PCWU) platforms.
The last phase of the project was approved in 2010 and involved the installation of the West Chirag platform, where first oil was achieved on January 28, 2014.
The field was developed in several phases, with the start of production at the Chirag platform in 1997, followed by the start of production from the Central Azeri platform in the beginning of 2005.
BP-operated Azeri-Chirag-Gunashli (ACG) deep water oil field
The second phase included West Azeri and East Azeri, with production starting in December 2005 and end of 2006, respectively.
The third phase that followed, regarding the development of the Deepwater Gunashli, started in April 2008.
Azeri Oil Field Hits Production Milestone
“This is a truly remarkable achievement and a result of countless number of efforts by all people involved. This is certainly not the end and more exciting milestones are yet to come!” AGT production Vice President Elkhan Mamedov, said.
“Since the first production from the early project on Chirag to the start-up of the latest West Chirag platform in the complex in early 2014, we have consistently delivered exceptionally high plant reliability,” Operations Vice President, Tony Hunt, added.
“This, combined with great performance in new well delivery from colleagues in Global Wells Organisation and Reservoir Development, has resulted in this great milestone of three billion barrels of oil produced. We can therefore look forward, with confidence, to the next three billion barrels,” he stated further.