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Volume of oil from Azerbaijan’s largest field

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Volume of oil from Azerbaijan’s largest field

Azeri-Chirag-Guneshli (ACG) block of oil and gas fields has produced 393 mln tonnes of oil and 118 bcm of gas so far, Khoshbakht Yusifzade, the First Vice President of SOCAR, said at the International Practical Conference on “Caspian Basin and Central Asia: Trade, Logistics, Oil Processing and Oil and Chemistry”.

According to him, the block operates 91 wells: “These wells produce 90,000 tonnes of oil, 36 mn cubic meters of gas per day”.

Yusifzade added that these fields produced 218 mln tonnes of profit oil: “In the first quarter of 2016, the block produced 8 mln tonnes, of which 5.3 mln tonnes made profit oil”.

Date
2016.04.25 / 11:48
Author
Axar.az
See also

Azeri Light crude rises to $113.32

Azerbaijan’s strategic reserves hit $90.77 billion

Oil prices continue to rise

Azeri Light climbs above $107

CBA's foreign exchange reserves reach historic high

Oil prices climb on global markets

Oil prices continue to rise in global markets

Oil prices rise again on global markets

Azeri Light climbs above $101 per barrel

Azeri Light climbs above $97 per barrel

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