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Only 20% of Produced Associated Gas from ACG Converted into Marketable Gas in 2020

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172 bcm of associated gas were produced from the Azeri-Chirag-Gunashli (ACG) oil block from the start of development until August 1, 2020. This was announced by the Ministry of Energy of Azerbaijan.

According to the estimates of the Turan agency, based on the data of the BP-Azerbaijan company (operator of the ACG development project), by August 1, 2020, within the framework of the development of the ACG oil block, 46.8 bcm of associated gas were transferred to the Azerbaijani side free of charge.

The rest of the associated gas produced within the ACG – more than 125 bcm – was injected into oil wells to maintain reservoir pressure.

Note that the associated gas, injected back into the oil reservoirs, is not lost and in the late stage of the oil field development, they can be extracted in large volumes from the subsoil.

As we can see from the statistics, so far only 27.2% of the produced associated gas from ACG has been converted into commercial volumes. According to the Ministry of Energy, about 34.5 million cubic meters of gas are currently produced from ACG every day, of which only an average of 6.9 million cubic meters are sent for commercial needs (transferred to SOCAR) – 20%.

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