(Saturday, December 22, 2018)
22:39
The CEO of the Petroleum Engineering and Development Company (PEDEC) said production of crude oil from the joint South Azadegan Oilfield would reach 150,000 b/d once 35 newly-drilled wells come online by February 2019.
According to
PEDEC website, Touraj Dehghani said the wells were planned to come on-stream by
February 11 to mark the anniversary of the victory of the Islamic Revolution.
He also
stated that a mobile petroleum processing unit would also be launched in the
field which would add roughly 50,000 b/d to its production capacity.
Iran is
currently producing 100,000 b/d of crude oil from the field which it shares
with Iraq. Last year, 50 new wells were drilled in the field, adding 30,000 b/d
to South Azadegan’s production capacity.
Development
of the field is a major national project whose wherewithal was supplied
domestically, Dehghani added.
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