In the company’s report for the first half of 2025, it states that during this period bp and its partners spent approximately $259 million on operating expenses and about $558 million on capital expenditures related to the ACG project activities.
In the first half of the year, as part of the 4D high-resolution marine seismic survey program at ACG, data collected in 2024 was processed, and data collection for the second year began in June.
The shares in ACG are as follows: bp (30.37%), SOCAR (31.65%), MOL (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh (2.92%).
The operator on behalf of the contracting parties to the ACG Production Sharing Agreement is BP Exploration (Caspian Sea) Limited.
In the first half of 2025, the ACG project continued to ensure stable and safe production. The total average production of ACG in the first half of 2025 was approximately 327,000 barrels per day (b/d) (about 59 million barrels, or 8 million tons in total) from the platforms Chirag (21,000 barrels per day), Central Azeri (86,000 barrels per day), West Azeri (75,000 barrels per day), East Azeri (42,000 barrels per day), Deepwater Gunashli (54,000 barrels per day), West Chirag (24,000 barrels per day), and ACE (25,000 barrels per day).
To date, a total of 1.1 billion barrels (154 million tons) of oil have been produced from the Central Azeri platform.
In the second quarter, ACG successfully resumed water injection at the Chirag platform after nearly a four-year pause. To achieve this, a series of important upgrades were carried out on the platform, including the redesign and modernization of water injection pumps, the reconstruction of the control system, and the drilling of a new injection well. The well was drilled using power from the topside structure and drilling generators, marking the first such case on the Chirag platform and eliminating the need for a separate diesel generator.
Additionally, in the second quarter, ACG safely and on schedule commissioned the first gas injection well on the ACE platform.
As of the end of June 2025, oil production was carried out from 143 wells, of which 46 were used for water injection and 10 for gas injection.