Azadegan Oilfield Ready for Early Production

According to “Tehran Times”, deputy manager of technical affairs of National Iranian South Oil Company (NISOC) noted that an exploration well has been repaired in Azadegan oilfield. Hamid Bovarred told reporters that six wells have been drilled in the field and the first well has started production at about 3,000 barrels per day after drilling to a depth of 2,770 meters. He noted that the 3,000 barrels have been produced on Friday, July 6, and total production of the wells will be sent to a production plant in the next four months. Bovarred stated that 300 wells will be drilled in three phases of the field. Azadegan oilfield is one of the biggest oilfields of Iran, whose in place reserves have been estimated at about 13 billion barrels. After completion of development plan, total production from the field will stand at 340,000 barrels per day.

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