Bp Announces Timeframe To Drill First Production Well For ACG Deep Gas
(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 1. The first production
well for deep gas at Azeri-Chirag-Gunashli (ACG) block in
Azerbaijan can be drilled in the second half of 2024, Katerina
Papalexandri, bp's vice president gas and low carbon energy growth,
Caspian gas growth, said, addressing the Southern Gas Corridor
Advisory Council 10th Ministerial Meeting in Baku, Trend reports.
“Last year, we drilled an appraisal well on ACG to explore the
deep gas reservoirs under the producing oil field. The data we have
obtained from the well looks promising. This gives us confidence to
plan for the drilling of the first production well in the second
half of the year. We are going to drill it from the West Chirag
platform,” she said.
Papalexandri noted that if successful, bp will be able to
achieve first ACG deep gas early next year.
In January 2023, bp initiated the drilling of an appraisal well
as part of the Deep Gas project at ACG, completing the drilling
process in April. The well's total depth is about 4,500 meters.
ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL
(9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO
(5.73%), ITOCHU (3.65%), ONGCVidesh (2.31%).
Azerbaijan's state oil company SOCAR has acquired Equinor's
shares in Azeri-Chirag-Gunashli, Karabakh fields, and
Baku-Tbilisi-Ceyhan project.
The transactions will be completed following compliance with all
regulatory requirements and contractual obligations.
Equinor has started liquidation of its local companies in
Azerbaijan
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