BP said on Aug. 1 that oil output at its projects in Azerbaijan rose to 596,000 barrels per day (bbl/d) in first-half 2018 from 585,000 bbl/d a year earlier.
In the first six months of 2018, the company produced 15 million tonnes of oil and 1.1 billion cubic metres (Bcm) of associated gas in Azerbaijan, BP said.
A BP-led consortium said in a statement that it spent about $236 million in operating expenditure and $552 million in capital expenditure on operations at the Azeri-Chirag-Guneshli (ACG) oil fields in the first half.
The consortium said that its Azeri units produced about 5 Bcm of natural gas and 1.1 million tonnes of condensate at the Shah Deniz field.
The spent about $250 million in operating expenditure and about $798 million in capex, the majority of which was associated with the Shah Deniz II project.
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