BP saves Azeri Light extraction at the level of 2014

​In H1 2015 BP and its partners extracted 16 mln tons of oil (116 mln barrels) at the ACG block of deposits which is similar to H1 2014 level, BP reports on the results of H1 2015 in Azerbaijan.

The average daily oil extraction at ACG made up 641 thousand barrels in H1.

In 2014 BP and its partners extracted 31.5 mln tons (233 mln barrels) of oil at ACG against 32.2 mln tons (239 mln barrels) in 2013.

In H1 2015 the operational expenditure in the framework of the project made up $359 mln, capital - $949 mln.

According to the forecasts, in 2015 the volume of capital expenditure will make up over $1.99 bln, operational - $978.7 mln.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer