BP announces Azerbaijan's ACG oil production figures for 2026

In the first three quarters of 2026, total production from the Azeri-Chirag-Deepwater Gunashli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea was on average about 320,000 barrels per day (b/d), or about 87 million barrels or 12 million tonnes in total.

Report informs that, according to the business update for the first three quarters of the year released jointly by BP Azerbaijan, the operator of the block, and its partners, total ACG production during the three-quarter period came from the following platforms: the Chirag (18,800 b/d), Central Azeri (84,600 b/d), West Azeri (72,000 b/d), East Azeri (45,700 b/d), Deepwater Gunashli (46,700 b/d), West Chirag (25,300 b/d) and ACE (26,900 b/d) platforms.

In the first three quarters of 2026, BP and its co-venturers spent about $401 million in operating expenditure and about $1,088 million in capital expenditure on ACG activities.

At the end of September 2026, 154 oil wells were producing, while 50 were used for water and 11 for gas injection.

ACG is Azerbaijan's largest oil field block. The first production-sharing agreement for the development of the block was signed on September 20, 1994. A new agreement on the joint development of the fields and production sharing was signed on September 14, 2017. The agreement provides for the development of the fields until the end of 2049.

ACG participating interests are: bp (operator - 30.37%), SOCAR (35.30%), MOL (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%), ONGC Videsh (2.92%).