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New well drilling at ACG

Sector: Natural Gas • Location: Azerbaijan

Source: Apa.az

Project
Under Construction

Initial well drilling has been completed at the Azeri-Chirag-Gunashli (ACG) field as part of a gas development project aimed at extracting gas from two priority reservoirs. The project includes an amendment to the existing ACG Production Sharing Agreement to advance exploration and production of free natural gas from the field, which is estimated to have recoverable reserves of up to 4 trillion cu

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Project Information

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The project “New well drilling at ACG” is an infrastructure initiative in the Natural Gas sector, located in Azerbaijan. Taiyo aggregates data on it from Apa.az.

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Participants

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Status

Original status

under construction

Taiyo status

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Email

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Description

Description

Initial well drilling has been completed at the Azeri-Chirag-Gunashli (ACG) field as part of a gas development project aimed at extracting gas from two priority reservoirs. The project includes an amendment to the existing ACG Production Sharing Agreement to advance exploration and production of free natural gas from the field, which is estimated to have recoverable reserves of up to 4 trillion cubic feet.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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