(MENAFN- Trend News Agency)
BAKU, Azerbaijan, Feb.4. bp is planning to put
three more wells on production at Shah Deniz gas and condensate
field offshore Azerbaijan this year, including the start-up of the
remaining fifth flank – East North, said Gary Jones, bp regional
president Azerbaijan-Georgia-Türkiye, trend reports.
He was addressing the 9th Ministerial Meeting of the Southern
Gas Corridor Advisory Council held Feb.3 in Baku.
Gary Jones believes that this will help further ramp up the
current volumes through the Southern Gas Corridor.
“We are also progressing our wells program, with total of 21
drilled and 19 completed wells out of the planned 26. 14 of these
are already producing across the four flanks,” noted the regional
Shah Deniz produced 25.2 billion cubic meters of gas as of 2022,
according to Azerbaijan's energy ministry.
The proven reserves of Shah Deniz are estimated at 1.2 trillion
cubic meters of gas and 240 million tons of condensate.
Shah Deniz participating interests are: bp (operator – 29.99%),
LUKOIL (19.99%), TPAO (19.00%), SOCAR (14.35%), NICO (10.00%) and
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