...

Iran's Marun Oil & Gas Production Company continues to oil extraction

Oil&Gas Materials 27 August 2020 13:44 (UTC +04:00)
Iran's Marun Oil & Gas Production Company continues to oil extraction

BAKU, Azerbaijan, August 27

By Elnur Baghishov – Trend:

More than 37,600 barrels of oil were extracted from the territories of the Iranian Marun Oil and Gas Production Company by using MOT (Mobile Oil Treater) and MOS (Mobile Oil Separator) equipment during the first four months of the current Iranian year (from March 20 through July 21, 2020), said Executive Director for Marun Oil & Gas Production Company (MOGPC) Hamid Kavian, Trend reports citing National Iranian South Oil Company's official website.

The director emphasized that it is planned to extract 67,600 barrels of oil in the current Iranian year (from March 20, 2020 to March 21, 2021) by using this equipment.

Kavian added that development and repair work will be carried out in oil wells in the current Iranian year.

According to him, the Marun Oil and Gas Production Company extracted more than 191,000 barrels of oil in the last Iranian year (from March 21, 2019 to March 20, 2020) by using the reporting equipment.

"About 156,000 barrels of crude oil were extracted with 4,350 hours of work on 69 wells via MOT equipment, and 35,300 barrels with 1,230 hours of work on 50 wells via MOS equipment in the last Iranian year," he said.

Kavian noted that the company produced 357 types of spare parts domestically and about 52 billion rials (about $1.23 million) was spent on these spare parts. Also, 20 billion rials (about $476,000) was spent on the repair of 318 spare parts.

About 580,000 barrels of oil are extracted daily from wells owned by Iran's Marun Oil and Gas Company. Some of the oil goes for domestic consumption and the rest for export. The company also extracts about 36,000 barrels of liquefied gas daily, which is transport to Mahshahr petrochemical plant.

The company extracts about 560 million cubic feet of gas (about 15.8 million cubic meters) daily, along with oil and 465 million cubic meters (about 13.1 million cubic meters) is transported to related locations.

The company produces 7,200 barrels of naphtha daily and transports it for export to Mahshahr port. With 1 well repaired and 3 wells commissioned, this production is expected to increase by 27,000 barrels per day.

Tags:
Latest

Latest