Shah Deniz celebrates 100 bcm of gas production

Shah Deniz celebrates 100 bcm of gas production

Azerbaijan's Shah Deniz celebrates 100 billion cubic metres (bcm) of total gas production, according to BP.

"The milestone was achieved at the end of December, exactly 12 years after we first announced the start-up of commercial gas production from the field and start-up of operations of the South Caucasus Pipeline," a message from BP says.

First production from the field announced on December 15, 2006 marked the start of Stage 1 of the field development and since then gas has been successfully and reliably delivered to markets in Azerbaijan, Georgia and Turkey.

"2018 was destined to become the next biggest milestone year for Shah Deniz. It marked the commencement of commercial gas deliveries to Turkey from Shah Deniz 2 as planned on 30 June and the achievement of first gas production from Shah Deniz Bravo at the end of July. Total condensate production from Shah Deniz since 2006 is over 196 million barrels. Today production is received from about 10 SDA and 6 SDB wells," the company said.

Shah Deniz – located in the Azerbaijan sector of the Caspian Sea is the largest ever gas discovery made by BP. The giant field covers approximately 860 square kilometres. The field was discovered in 1999.

The estimation of gas initially in place of the whole Shah Deniz field is over 1 trillion cubic metres and 2 billion barrels of condensate.

The contract on the development of the Shah Deniz offshore field was signed on June 4, 1996. Stakeholders are: BP (operator) with 28.8%, NICO with 10%, Lukoil with 10%, TPAO with 19% and SOCAR with 16.7%.

8510 views


Vestnik Kavkaza

in Instagram

Subscribe



Populars