BP's Azeri Production Slightly Dips in 2019

Nailia Bagirova and Margarita Antidze
Thursday, February 6, 2020

BP said on Thursday that oil output at its projects in Azerbaijan declined slightly last year to 535,000 barrels per day (bpd) or 26 million tonnes for the whole of the year. 

That was down from 584,000 bpd, or 29 million tonnes, in 2018. Associated gas output at the Azeri-Chirag-Guneshli (ACG) oilfields fell to 2.1 billion cubic meters (bcm) last year, from 2.3 bcm in 2018, the BP-led consortium said in a statement.

The oilfields account for most of Azerbaijan's oil production. 

The Sangachal terminal exported about 263 million barrels of oil. This included about 235 million barrels through the Baku-Tbilisi-Ceyhan (BTC) pipeline and about 28 million barrels through the Baku-Supsa pipeline, the consortium said. 

The consortium said that its Azeri units produced about 16.8 bcm of natural gas and about 3.5 million tonnes of condensate at the Shah Deniz field last year, up from 11.5 bcm and 2.5 million tonnes in 2018. 

More than 45 million standard cubic meters of Shah Deniz gas was exported daily in 2019. 

(Reporting by Nailia Bagirova and Margarita Antidze; editing by Susan Fenton)

Categories: Industry News Europe Oil Production Gas Shallow Water

Related Stories

Jan De Nul Enters CCS Market with North Sea Project

Aker BP Brings Three Skarv Satellite Fields On Stream

New Troll Project Start Up Boosts North Sea Gas Production

Current News

Floatel Triumph Lined Up for Brazil MSU Work

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

PMS Completes Subsea Pipeline Installation at Egypt’s Kamose Gas Field

GHL Seeks to Settle Dolphin Drilling Dispute with Cash, Nigeria Rig Work

Subscribe for OE Digital E‑News