Special News

Production at ACG Fell by 70,000 Barrels per Day in Q1
Azerbaijan Materials Special News

Production at ACG Fell by 70,000 Barrels per Day in Q1

Oil production at the Azeri-Chirag-Gunashli (ACG) fields in the first quarter of 2017 exceeded 7.1 million tons, BP-Azerbaijan (operator of the development) reported. As reported, in the first quarter of 2016, 8 million tons of oil was produced from the ACG block. Thus, in January-March 2017, oil production from this contract area was reduced by 11.2%. According to BP, the […]