BAKU, Azerbaijan, Nov.5
By Leman Zeynalova – Trend:
In the three quarters of 2019, Azerbaijan’s Shah Deniz gas and condensate field produced around 12.2 billion standard cubic metres (bscm) of gas and 2.6 million tonnes (about 21 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms, Trend reports with reference to BP.
In the nine months of 2018, the field produced 8 billion standard cubic metres (bcm) of gas and about 1.8 million tonnes (14.3 million barrels) of condensate.
Production from Shah Deniz Bravo has been ramping up since the first gas delivery at the end of last July, BP said in its report on the third quarter of 2019.
The existing Shah Deniz facilities’ production capacity is currently over 56 million standard cubic metres of gas per day or more than 20 bcma, reads the report.
“During the first three quarters of the year, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC and SOCAR), Turkey (to BOTAS) and to BTC Company in multiple locations,” said BP.
In the first three quarters of 2019, Shah Deniz spent around $481 million in operating expenditure and $818 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, according to the report.
This is while in the first three quarters of 2018, Shah Deniz spent more than $418 million in operating expenditure and about $1.14 billion in capital expenditure, the majority of which was associated with the Shah Deniz 2 project.
Shah Deniz participating interests are: BP (operator – 28.8 percent), TPAO (19.0 percent), AzSD (10.0 percent), SGC Upstream (6.7 percent), PETRONAS (15.5 percent), LUKOIL (10.0 percent) and NICO (10.0 percent).
Shah Deniz Stage 2, or Full Field Development (FFD) is a giant project that will add a further 16 billion cubic meters per year (bcma) of gas production to the approximately 10 bcma produced by Shah Deniz Stage 1.
The current concept for Shah Deniz Stage 2 includes: two new bridge-linked offshore platforms; 26 gas production wells which will be drilled with 2 semi-submersible rigs; 500 km of subsea pipelines will link the wells with the onshore terminal; upgrade of the offshore construction vessels; expansion of the Sangachal terminal to accommodate the new gas processing and compression facilities.
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