BAKU, Azerbaijan, May 13. Azerbaijan's Azeri-Chirag-Gunashli (ACG) field produced 5.3 million tons of oil from January through April 2025.
The data obtained by Trend from the Ministry of Energy shows that this figure decreased by 200,000 tons (3.6 percent) compared to the same period of last year (5.5 million tons).
To note, according to operational data for the first four months of this year, the country produced 9.1 million tons of oil (including condensate). Of this, 5.3 million tons came from the Azeri-Chirag-Gunashli field, 1.3 million tons (condensate) from Shah Deniz, and 0.2 million tons (condensate) from the Absheron field. SOCAR's oil production (including condensate) amounted to 2.3 million tons.
Additionally, the daily oil (including condensate) production was 75,100 tons (566,000 barrels). Of this, 61,600 tons (455,000 barrels) accounted for crude oil, and 13,500 tons (111,000 barrels) for condensate.
The Azeri-Chirag-Deepwater Gunashli (ACG) field, situated approximately 100 km east of Baku, is the largest oilfield in the Azerbaijani portion of the Caspian basin. In 2024, bp and its co-venturers incurred around $535 million in operating expenses and almost $1,293 million in capital expenditures for ACG activities. In 2024, a novel four-dimensional (4D) high-definition ocean bottom node seismic program was initiated on ACG. The initiative, concentrating on the Balakhany and Fasila reservoirs, encompasses an area of 740 square kilometers for sources and 507 square kilometers for receivers, with an estimated total cost of around $370 million and a length of five years (2024-2028). This is bp's largest seismic acquisition commitment globally, encompassing region size, cost, and program duration.
