BAKU, Azerbaijan, June 2. The Gunashli field in
Azerbaijan is estimated to contain 4-6 trillion cubic feet of gas
reserves, bp's Executive Vice President for Production and
Operations, Gordon Birrell, told reporters at the Baku Energy Week,
Trend reports.
He said that the Azeri-Chirag-Gunashli (ACG) field is one of the
largest oil fields in the world, and more than 4 billion barrels of
oil have been produced since its commissioning. According to him,
this project is a great success story in terms of the application
of technology and innovation.
Birrell noted that the discovery of gas reserves both above and
below the oil layer in the field opens up new opportunities, and an
agreement has been reached with SOCAR and the Azerbaijani
government regarding the production of this gas.
"Gas reserves are located in two main parts of the field - the
Gunashli and Azeri blocks, and there are still some uncertainties
regarding the volume of reserves in both directions. The main
purpose of the initial production well is to collect subsurface
dynamic data and reduce uncertainty regarding reserves," the
official explained.
He added that, based on current estimates, gas reserves in the
Gunashli area alone are likely to be in the range of 4-6 trillion
cubic feet, but an accurate assessment has not yet been carried out
for the Azeri part, and the process is at an early stage.
Furthermore, Birrell stressed that this new gas potential is of
great importance for the future development of the ACG field.
