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BP Spuds Production Well at $6-Billion Azerbaijan Oilfield

Summary by Oil Price
BP has started drilling the first production well from a new platform developing the next $6-billion stage of a giant field in the Caspian Sea in Azerbaijan, the UK oil and gas supermajor said on Tuesday. As operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development, BP announced that the first production well was spudded from the new Azeri Central East (ACE) platform, following the safe completion of all offshore hook-up, installat…

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Oil Price broke the news in London, United Kingdom on Tuesday, December 5, 2023.
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