Iran's Hengam oil field production level increases by 5,000 bpd

Oil&Gas Materials 11 July 2011 13:51 (UTC +04:00)

Azerbaijan, Baku, July 11 /Trend/

By completing the drilling of three new wells at Hengam oil field, light crude oil production increased by 5,000 barrels per day, SHANA reported quoting Managing Director of Iranian Offshore Oil Company Mahmoud Zirakchian Zadeh as saying.

"Currently drilling operation of the three new wells has been completed in the Hengam oil field. Oil production from this field has reached more than 23,000 barrels of oil per day, which is transported to Bandar Abbas oil refinery for gasoline production," he said.

Hengam oil field produces 23,000 bpd, however the Iranian Offshore Oil Company plans to increase the volume of oil processing facilities to 30,000 bpd, with the help of contractors.

The joint Hengam oil field is located between Iran and Oman in the Strait of Hormuz, at a distance of 12 km to the north of Oman's shore in the Sea of Oman.