AZ

Oil production at the ACG field is rapidly declining - Statistics


In 2023, a total of 133 million barrels (18 million tons) or an average of 363 thousand barrels of oil per day was produced from the “Chirag”, “Central Azeri”, “West Azeri”, “East Azeri”, “Derinsulu Gunashli” and “West Chirag” platforms of the Azeri-Chirag-Gunashli (ACG).
Yeniavaz.com
reports that BP-Azerbaijan announced this information.
Our calculations based on last year's data show that compared to similar indicators in 2022, oil production last year was 12.5%, or 19 million barrels less.
For information, 152 million barrels of oil were produced in 2022, which is 9% or 15 million barrels less than in 2021.
In total, in 2023, ACG operated 137 oil production wells and 53 gas and water injection wells.
Over the past 11 years, oil production and the number of wells at the ACG field have been as follows:


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