Hungary's MOL Group boosts output at Azerbaijan’s oil field in 2025

Hungary’s MOL Group increased crude production at Azerbaijan’s Azeri-Chirag-Gunashli field (ACG) in the fourth quarter of 2025, reflecting steady growth in its Caspian operations.

According to the company’s latest data, production at ACG reached 15,200 barrels of oil equivalent per day (boepd) in the fourth quarter of 2025, up 16% from 13,100 boepd in the same period a year earlier. Compared with the third quarter of 2025, when output stood at 13,200 boepd, production rose by 15.2%, Caliber.Az reports per local media. 

For the full year 2025, MOL’s average production at ACG totalled 13,400 boepd, marking a 5.5% increase from 12,700 boepd in 2024.

Operator data from bp show that approximately 4.6 billion barrels of oil have been produced from the ACG field since commercial operations began in November 1997 through the end of 2025. Over the same period, around 61 billion cubic metres of associated gas were delivered.

Average total production across the ACG complex in 2025 stood at about 330,000 barrels per day — roughly 120 million barrels, or 16 million tonnes, for the year. Output was generated from several platforms, including Chirag (21,000 bpd), Central Azeri (90,000 bpd), West Azeri (76,000 bpd), East Azeri (43,000 bpd), Deepwater Gunashli (51,000 bpd), West Chirag (24,000 bpd) and ACE (25,000 bpd).

BP Exploration (Caspian Sea) Limited serves as operator on behalf of partners under the production sharing agreement.

The ACG consortium includes SOCAR with a 31.65% stake and bp with 30.37%. Other shareholders are MOL (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%) and ONGC Videsh (2.92%).

By Sabina Mammadli