At the end of the quarter, 124 oil wells were producing, while 39 wells were used for water and seven for gas injection.
In the first three quarters of 2020, BP spent about $399 million in operating expenditure and about $1,398 million in capital expenditure on ACG activities.
ACG participating interests are: BP (30.37%), SOCAR (25.0%), MOL (replaced Chevron as of 16 April 2020 (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh Limited (OVL) (2.31%).
Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
