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Aug 26, 2010 - BP and partners will start drilling two new wells, D-18 and D-19, in the eastern part of the Azeri field by the end of 2010. Thus far, 14 wells are operating in the East Azeri platform, and in six months, 150 million barrels of oil was produced in the Azeri-Chirag-Gunashli fields, while daily production made up about 827,600 barrels. The Azeri-Chirag-Gunashli (ACG) oil field is located in the Caspian Sea, 75 miles (120 kilometers) offshore Azerbaijan and in 394 feet (120 meters) of water.
Aug 17, 2010 - Devon has finalized the US $2 billion sale of its share in the Azeri-Chirag-Gunashli (ACG) to BP. The company’s current production from the oil field is about 17 Mbopd. The Azeri-Chirag-Gunashli (ACG) oil field is located in the Caspian Sea, 75 miles (120 kilometers) offshore Azerbaijan and in 394 feet (120 meters) of water.