Oil extraction at ACG exceeds the forecasts

The volume of oil extraction at ACG deposits in 2015 exceeds the forecast rates, the regional head of BP, G. Birrell, said.

He said that the results for Q1-Q3 2015 are quite high.

On the results of 2015 we expect the extraction at the block not to be lower than in 2014, he said.

In H1 2015 BP and its partners extracted 16 mln tons (116 mln barrels) of oil at ACG, that meets the results of H1 2014.

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

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