Today.Az » Business » Azerbaijan's Shah Deniz 2 starts production from East North flank
27 February 2024 [12:47] - Today.Az

Abbas Ganbay

Shah Deniz 2 has safely achieved another major milestone by starting up production from the East-North flank of the Shah Deniz field. Production from the East-North flank commenced on February 13, 2024, following the successful completion of all related offshore construction and commissioning works.

The newly-started East North flank consists of five wells, two production manifolds, two new flowlines with a total length of about 30 kilometres, and a number of subsea structures connected to the world-class Shah Deniz reservoir.

The existing Shah Deniz facilities’ production capacity is currently about 79 million standard cubic metres of gas per day, or approximately 29 billion standard cubic metres per year.

According to the company's information, as of the beginning of January 2024, 209 bln m³ of gas and 45 mln tons of condensate have been produced from Shahdeniz field for the whole period since the beginning of its development (since 2006). In 2023, 26 bln m³ of gas was produced from the field, which is 4 percent higher than in 2022.

As previously reported, wells on the western, southeastern, southwestern, and northeastern flanks will be completed and phased into production by 2027.

Recall that Shahdeniz Stage 2 (full-scale development) has been implemented since December 17, 2013 (after the final investment decision was signed in Baku).

The cost of Stage 2 is estimated at $28 bln.

Currently, gas production from the Shahdeniz field is carried out from the Alpha platform as part of Stage 1 (since 2006) and from the Bravo platform as part of Stage 2.

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