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Friday, 05 December, 2008, 17:10 GMT | more >>

BP cuts forecasts at ACG



By Upstream staff 

The BP-operated Azeri- Chirag-Guneshli (ACG) development off Azerbaijan will produce less oil in 2007 than originally expected, writes Kama Mustafayeva.

Average production this year will be 686,000 barrels per day, down from a planned 708,000 bpd, said BP’s vice president for offshore operations Mike Skitmore.

“Our current total production is around 730,000 bpd from the four platforms in the Azeri and Chirag fields,” he added.

He said production forecasts have been cut due to a high gas-to-oil ratio at East Azeri, which has restricted the field’s production to some extent.

Another reason for the cut in output was an increase in produced water at the Chirag field.

“Two wells at the Chirag-1 platform are producing at a low rate and were shut down. We are planning to redrill them and return to production next year,” Skitmore said.

BP is also planning to shut all of the ACG project’s wells in the first week of September for 18 days.

BP-Azerbaijan boss Bill Schrader said this was so BP could carry out a brownfield installation programme to bincrease capacity of the overall production and processing systems.

As well as tie-ins, this work will include the installation of a second flash gas compressor, a produced water treatment module and a phase-three export gas compressor on the Central Azeri compression and water injection platform.


Friday, 17 August, 2007, 07:33 GMT  | last updated: Friday, 17 August, 2007, 07:33 GMT

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