BP’s Azeri offshore oil and gas fields still have a”long future”,upstream executive vice-president Gordon Birrell tells Argus.BP is working to boost production at the 1.2 trillion m~3 Shakh Deniz field and on initiatives to slow natural output decline at the Azeri-Chirag-Gunashli(ACG)oil development.European interest in Azerbaijan’s gas reserves has grown since pipeline exports from Russia were slashed last year,and BP-operated Shakh Deniz is the main source of Azeri exports,which increased by 7pc on the year to 12bn m~3 in January-June.The September start-up of Shakh Deniz’s West South flank project helped to raise output by nearly 5pc on the year to 13.2bn m~3 in the first half of 2023,driving overall Azeri production growth of 3pc to 24.1bn m~3.Shakh Deniz should reach its 26bn m~3/yr plateau this year and BP is keen to boost output further.Infill drilling is under way to enhance recovery and BP is drilling a deep gas well beneath the main production horizon.”Clearly,if we have a big new deep discovery there,we’ll look at developing it,”Birrell says.”And it’s good quality gas.It’s now piped all the way to Italy,through Azerbaijan,Georgia,Turkey,Greece and Albania.”
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