From January to September 2015 BP-Azerbaijan company has extracted 23.6 million tons or 175 million barrels of oil from the Azeri-Chirag-Guneshli bloc against 24.2 million tons of 179 million barrels during the same period in 2014, reads the report of BP-Azerbaijan company for quarter 3, 2015.
According to the report, during this period oil extraction went down by 600,000 tons or by 4 million barrels.
The report reads that during this period light oil extraction totaled 640,000 barrels, down 15,700 barrels against the same period last year.
In 2014 BP-Azerbaijan company extracted 31.5 million tons of oil from the ACG bloc against 32.2 million tons a year earlier.
At the end of September 2015 oil was extracted on the ACG contract area from 88 operation wells and 42 technical wells, but a year earlier these indexes totaled 77 and 36, respectively.
During 3 quarters the operation costs within ACG totaled $570 million, while capital costs - $1.5 billion.
The shares in the contract area distributed as following: BP – 35.78%, Chevron – 11.27%, Inpex – 10.96%, SOCAR – 11.65%, Statoil – 8.55%, Exxon – 8%, ТРАО – 6.75%, Itochu – 4.3% and ONGC – 2.72%. –0--
Economics
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