Shah Deniz produced 4.3 bln cubic meters of gas in 1st quarter
  • ECONOMY

  • 16:54 13 May 2019

Shah Deniz produced 4.3 bln cubic meters of gas in 1st quarter

In the first quarter of 2019, Shah Deniz spent $191 million in operating expenditure and more than $267 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, BP told ONA.

“In the first quarter, the field produced 4.3 billion standard cubic meters (bscm) of gas and about 1 million tons (7.5 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms,” said BP. 

“Production from Shah Deniz Bravo has been ramping up since the first gas delivery at the end of last July. The existing Shah Deniz facilities’ production capacity is currently more than 56 million standard cubic meters of gas per day or more than 20 bcma.”

During the first quarter of 2019, Shah Deniz Alpha platform rig was on the warm stack. 

“The Istiglal rig delivered one subsea well completion on the East South Flank and is currently performing completion operations on the West South Flank. The Maersk Explorer rig drilled one well to its final depth and moved to rig certification,” BP added. 

“The above two rigs have already drilled and completed four wells on the North Flank, four wells on the West Flank and four wells on the East South Flank. 16 wells have been drilled by the Maersk Explorer rig in total for Shah Deniz 2 production and subsequent ramp up,” said BP.

Shah Deniz participating interests are: BP (operator – 28.8 percent), TPAO (19.0 percent), AzSD (10.0 percent), SGC Upstream (6.7 percent), PETRONAS (15.5 percent), LUKOIL (10.0 percent) and NICO (10.0 percent).

Huseyn Veliyev

Tags: Shah Deniz gas economy

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