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Eight new Oil Wells Excavated in Iranian Oil Fields

Iran Materials 30 November 2011 14:10 (UTC +04:00)

Azerbaijan, Baku, Nov. 30 / Trend M. Moezzi/

Iran has finished excavating eight oil wells in its Sarvestan, Saadatabad and Khest oil fields, Shana reported.

The project began in 2007-2008 with the €42 million, (about 600 trillion rials), contract awarded to the Oil and Energy Industries Development Co. (OEID) Iraj Ahmadi Seresht, project manager for the National Iranian Drilling Co. (NIDC) told Shana.

Production from the three oil fields will add 45 thousand bb1/day to Iran's oil production, Mehdi Fakoor, managing director of Iranian Central Oilfields Co. had said earlier.

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