From the start of Start of Unit of Platform production till end of 2010 2011 production measurement 2011 November mmbbl 573,6 34,0 27,2 Chirag 1997 mmte 77,5 4,6 3,7 Central February mmbbl 502,5 74,9 70,1 Azeri 2005 mmte 67,9 10,1 9,5 December mmbbl 435,2 90,6 72,4 West Azeri 2005 mmte 58,8 12,2 9,8 November mmbbl 237,6 51,4 45,8 East Azeri 2006 mmte 32,1 6,9 6,2 Deepwater mmbbl 156,1 49,5 46,4 April 2008 Gunashli mmte 21,1 6,7 6,3 mmbbl 1,905 300,4 261,9 Total mmte 257,4 40,6 35,4 Source: BP Sustainability Report 2011 (mmbbl million barrels; mmte tonnes) – –million In the nearest future, it is expected to extract five billion barrels of oil. Of course, this amount of oil barrels will require more sophisticated oil reservoirs and more improved management techniques One of the main gas projects of BP in Azerbaijan is Shah Deniz gas project. This gas field was discovered in 1997. BP started gas in this field in 2006. In 2011, Shah Deniz produced 6,67 billion standard cubic meters of gas. Shah Deniz project has great future. Table 7. Shah Deniz gas and condensate production From the start of Start of Unit of production till end of 2010 2011 production measurement 2011 bscm 29,9 6,9 6,7 November SD gas bscf 1,056,0 243,4 235,4 2006 mmboe 182,1 42,0 40,6 mmbbl SD November 63,7 14,7 14,0 mmte condensate 2006 8,1 1,9 1,8
Platform Start of production Unit of measurement From the start of production till end of 2011 2010 2011 Chirag November 1997 mmbbl mmte 573,6 77,5 34,0 4,6 27,2 3,7 Central Azeri February 2005 mmbbl mmte 502,5 67,9 74,9 10,1 70,1 9,5 West Azeri December 2005 mmbbl mmte 435,2 58,8 90,6 12,2 72,4 9,8 East Azeri November 2006 mmbbl mmte 237,6 32,1 51,4 6,9 45,8 6,2 Deepwater Gunashli April 2008 mmbbl mmte 156,1 21,1 49,5 6,7 46,4 6,3 Total mmbbl mmte 1,905 257,4 300,4 40,6 261,9 35,4 Source: BP Sustainability Report 2011 (mmbbl – million barrels; mmte –million tonnes) In the nearest future, it is expected to extract five billion barrels of oil. Of course, this amount of oil barrels will require more sophisticated oil reservoirs and more improved management techniques One of the main gas projects of BP in Azerbaijan is Shah Deniz gas project. This gas field was discovered in 1997. BP started gas in this field in 2006. In 2011, Shah Deniz produced 6,67 billion standard cubic meters of gas. Shah Deniz project has great future. Table 7. Shah Deniz gas and condensate production Start of production Unit of measurement From the start of production till end of 2011 2010 2011 SD gas November 2006 bscm bscf mmboe 29,9 1,056,0 182,1 6,9 243,4 42,0 6,7 235,4 40,6 SD condensate November 2006 mmbbl mmte 63,7 8,1 14,7 1,9 14,0 1,8
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