(ACG) is a large complex of oil fields
in the Caspian Sea
, about 120 kilometres off the coast of Azerbaijan
. It is operated by a BP
-led consortium. The ACG fields have estimated recoverable reserves of about 5 to 6 billion barrels
. As of the end of 2005, the production rate from eight pre-drilled wells
at the platform
was approximately . Total production is expected to reach more than in 2007, and around one million barrels a day by 2009.
BP reports that crude oil from ACG is exported through the main pipeline Baku-Tbilisi-Ceyhan Pipeline to the Mediterranean Sea and the Baku-Supsa Pipeline to Supsa in Georgia, as well as through the Baku-Novorossiysk Pipeline to Novorossiysk in Russia.