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Iran's Marun Co. increases oil production

Oil&Gas Materials 8 April 2012 16:47 (UTC +04:00)
Iran’s Marun Oil and Gas Producing Company added 13,000 barrels a day of oil to its production base, Shana news agency reported on Sunday.

Azerbaijan, Baku, April 8 / Trend M. Moezzi /

Iran's Marun Oil and Gas Producing Company added 13,000 barrels a day of oil to its production base, Shana news agency reported on Sunday.

The company's production grew from 580,000 barrels a day to 593,000 last year (Iran's solar year ended on March 19).

Marun drilled 16 new wells with the capacity to produce 24,000 barrels of oil a day last year. It also drilled 12 repair wells.

The company was able to increase production despite having to deal with the geologically-caused crumpling of some well casings.

Marun is a subsidiary of the Iranian Central Oil Fields Company (ICOFC).

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