Gulf Oil and Gas accountACCOUNT

85,000 b/d from Yadavaran Oilfield phase1 by 1stQ of Iranian year

Source: www.gulfoilandgas.com 1/9/2015, Location: Asia

“85,000 barrels of crude oil will be produced per day from Yadavaran Oilfield, Phase 1 by the first quarter of the next Iranian year (beginning from March 2015),” supervisor of the Development Project of Yadavaran Oilfield said.

According to Petroleum Engineering and Development Company’s (PEDEC) Public Relations (PR), “The current progress of the Development Project of Yadavaran Oilfield is some 95%, while the progress of drilling 55 wells has completely accomplished, so we will have final production by the first quarter of the next Iranian year,” Hadi Nazarpour said.

Iran has recovered more oil than its western neighbor Iraq from an oil field they share, the manager of the field development project said.

Hadi Nazarpour said Iran would be producing 85,000 b/d from Yadavaran oil field by next September.

Nazarpour said the second phase of the project envisages 180,000 b/d output.

He said that the Chinese contractor developing the field has failed to fulfill its obligations with regard to the development of the field. He said the project has been delayed 15 months.

China is developing the field under a 2.9-billion-euro buy-back deal.

For more information about related Opportunities and Key Players visit Caspian Region Projects

Production News in Iran >>

Azerbaijan >>  1/16/2019 - • Production at the SOCAR’s carbamide plant will eliminate the need for imports of nitrogen fertilizers, thereby reducing the country’s expenditures i...
China >>  1/16/2019 - CNOOC Limited announced that Huizhou 32-5 oilfield comprehensive adjustment/Huizhou 33-1 oilfield joint development project has commenced production. ...

Egypt >>  1/13/2019 - The state-owned General Petroleum Company (GPC) said that its total production hit 97,400 barrels per day in the first half of the current fiscal year...
Thailand >>  1/8/2019 - KrisEnergy Ltd. (KrisEnergy), an independent upstream oil and gas company, announces that oil production has restarted at the Wassana field in the G10...

Norway >>  1/7/2019 - Equinor reports that in just a few months the support centres established to help create higher value, improve safety and reduce emissions from it's i...
United States >>  1/7/2019 - Danos has secured a contract with Equinor for production operation support on its Titan SPAR platform, located in the deepwater Gulf of Mexico. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

Oil & Gas Projects in Iran >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.