Iran’s MOGPC talks about plans implemented in oil-gas sector

Oil&Gas Materials 11 October 2021 18:46 (UTC +04:00)
Iran’s MOGPC talks about plans implemented in oil-gas sector

BAKU, Azerbaijan, Oct. 11

By Elnur Baghishov – Trend:

Iran’s Marun Oil and Gas Production Company (MOGPC) fulfilled its production plan by 101.3 percent during the first six months of the current Iranian year (March 21 through September 22, 2021), the Executive Director for MOGPC Hamid Kavian said, Trend reports citing the National Iranian South Oil Company’s website.

In addition, the company plans to implement several plans to increase oil extraction over the next 5 years, the director noted.

Kavian also added that the company extracted a total of 59,000 barrels of crude oil in six months by using MOT (Mobile Oil Treater) and MOS (Mobile Oil Separator) equipment.

“The company has increased its daily extraction capacity by 8,000 barrels by resuming extraction from two oil wells in the Shadegan oil field, which were suspended for many years,” he said.

The director emphasized that the company currently collects 16 million cubic feet (about 4.5 million cubic meters) of flare gas per day.

According to Kavian, moreover, the company produced 2,860 units that needed spare parts domestically. About 42.5 billion rials (about $1.01 million) have been spent in this regard.

“In total, the company has produced 16,300 spare parts worth 200 billion rials (about $4.76 million) since March 21, 2018,” he said.

As reported, the Marun Oil and Gas Production Company, which operates under the auspices of the National Iranian South Oil Company (NISOC), extracts oil from 404 oil wells. The company's daily oil extraction is 562,000 barrels.

About 360,000 barrels of it are transported to the Esfahan Oil Refining Company and the rest (202,000 barrels) to Kharg Island.

The company also extracts 570 million cubic feet (about 16.1 million cubic meters) of gas, 25,000 barrels of liquefied gas, and 7,000 barrels of gas condensate per day.


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