BAKU, Azerbaijan, Sept. 23
By Elnur Baghishov – Trend:
A plan is being implemented to maintain and increase extraction from the Iran-Iraq joint Yaran oil field, Executive Director of Iran’s Petroleum Engineering and Development Company (PEDEC) Touraj Dehghani said, Trend reports citing the company’s website.
The director stressed that a contract was signed between the National Iranian Oil Company (NIOC) and the Persia Oil & Gas Industry Development Company on the development of this field over the last Iranian year (March 20, 2020, through March 20, 2021).
“According to the contract, 6 new wells (3 in North Yaran, 3 in South Yaran oil fields), as well as 1 delineation well, and 1 well on water injection will be drilled in the Yaran oil field. In addition, 5 existing wells will be repaired, and an electric submersible pump (ESP) will be installed in 27 extraction wells in this field. Furthermore, a number of exploration operations will be conducted to increase extraction,” he added.
According to Dehghani, Iran continues extraction from oil wells in the South Yaran oil field. Also, a Mobile Oil Separator (MOS) has been installed in the field in order to prevent a decline in extraction.
The director also noted that so far, 10 out of 18 wells in the North Yaran oil field have been equipped with an electric submersible pump. With the installation of these pumps, extraction from these wells has increased by about 7,000 barrels daily.
“There are 110 wells in the South Yaran oil field. If the electric submersible pumps are installed in the wells of this field, it is possible to increase extraction by about 40,000-50,000 barrels daily,” he said.
As reported, Iran's Yaran oil field consists of two parts, North Yaran, and South Yaran. It is forecast that Iran's Yaran oil field contains about 2 billion barrels of crude oil. It is possible to extract about 100 million barrels of it. At present, daily 40,000 barrels of crude oil are extracted from this field. In total, Iran plans to extract 39.5 million barrels of crude oil from the field over 10 years.
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