(MENAFN- Trend News Agency) BAKU, Azerbaijan, January 23. bp as operator of
the Azeri-Chirag-Deepwater Gunashli (ACG) field development
project, commenced a new 4-dimensional (4D) high-definition ocean
bottom node seismic program on the ACG field on 20 January, Trend
reports via the company.
Reportedly, this is the largest-ever seismic acquisition
commitment made by bp globally by all its aspects – area size, cost
and program duration.
“The program, which will focus on ACG's Balakhany and Fasila
reservoirs, will cover an area of 740 square kilometres under
source and 507 square kilometres under receivers, with a total cost
of around $370 million and a duration of five years (2024-2028).
Planning for this extended program started early last year. The
plan is to conduct five monitors over five years, utilizing ocean
bottom nodes, one dual source vessel - the Murovdag, and one node
vessel – the Guba,” said the company.
The program will be implemented by the Caspian Geo LLC.
ACG is a super-giant field and to date more than 4.3 billion
barrels (581 million tonnes) of oil have been produced from the
field. The oil is exported to world markets, primarily via the
Baku-Tbilisi-Ceyhan and Western Route Export pipelines.
Till the end of the third quarter of 2023, total investments of
more than $43 billion have been made into the development of the
ACG currently has nine offshore platforms – seven production
platforms and two process, gas compression, water injection and
utilities platforms. The platforms export oil and gas to the
Sangachal terminal, one of the world's largest oil and gas
terminals, onshore near Baku.
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