Oil production to increase at joint Iran-Iraq field

Oil&Gas Materials 15 January 2020 16:00 (UTC +04:00)
Oil production to increase at joint Iran-Iraq field

BAKU, Azerbaijan, Jan. 15

By Elnur Baghishov - Trend:

The oil production is expected to increase at the North Yaran joint oil field of Iran and Iraq (this field is called Majnoon field in Iraq) by the end of this Iranian year (March 21, 2020), Turaj Dehghani, Executive Director of the Iranian Petroleum Engineering and Development Company (PEDEC), said.

“At least six pumps will be installed at the North Yaran field till the end of the year,” the executive director added, Trend reports referring to the company’s website.

"The full production will be achieved by installing 20 pumps into the well at North Yaran oil field," Dehghani said.

“The first in-house well pump was installed on the field during the fifth month of last Iranian year (from July 23 through August 22, 2018),” the executive director said.

The development plan for the North Yaran oil field related to the production of 30,000 barrels of oil per day was launched in November 2016. But after a while, there was a decline in the production volume. A decision was made to use in-house well pumps to increase the production volume.

The oil production was stopped during the fourth month (from June 22 through July 22, 2019) due to a number of problems with an in-house pump placed in the well # 14. However, the pump installed in the well # 4 at a depth of 2,300 meters was favorable for oil production during the fifth month. Thus, 1,000 barrels more were produced from this field per day.

North Yaran oil field, located in the west of Iran's North Azadegan oil field, is 24 km long and 9.2 km wide. Its area is about 60 square kilometers. The reserves of the field reach approximately one billion barrels of oil, and about 50 million barrels of oil may be extracted.

Oil from this field is heavy (API 20). Some 30,000 barrels of oil are planned to be extracted on this field daily. Currently, approximately 15,000 barrels of oil are extracted from the field a day.