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Drilling to start at four Iranian heavy crude fields

Oil&Gas Materials 4 July 2012 15:24 (UTC +04:00)

Azerbaijan, Baku, July 4/Trend M. Moezzi

Drilling platforms will move into four of Iran's heavy oil fields by next month, the Islamic Republic News Agency (IRNA) reports.

The platforms will be installed in the Kooh Mond, Kaki, Boosghan and Zagheh fields so drilling operations can begin before the end of this Iranian year (Iran's solar year ends on March 19).

The Zagheh field will get a three thousand horsepower drilling platform and the other three fields will get two thousand horsepower platforms.

The contract to develop the Kooh Mond, Kaki and Booshgan fields was signed between Iran's Petroleum Engineering and Development Company (PEDEC) and an international company whose name is not mentioned in the news report.

Bahman Samimi Sadeh, PEDEC's project manager for heavy oilfields, said the contractor has 52 months to finish work on developing the three fields' first phase. When finished, the first phase will produce 11,000 barrels of oil daily.

The three fields' second phase has to be completed 77 months after the contract has gone into effect. That phase will add 22,000 barrels of oil to Iran's daily production.

Kooh Mond, Kaki and Booshgan are located in South Iran. Zagheh is outside the Deylam Port City which sits on the tip of the Persian Gulf in southwestern Iran.

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