Tehran, Iran, June 14
By Milad Fashtami - Trend:
Two wells of Iran's North Yaran oil field will start their production next month.
The managing director of Iran's Petroleum Engineering and Development Company (PEDEC), Abdolreza Haji Hosseinnejad, said that a total of 19 wells are expected to be drilled at the oil field, Iran's IRIB News Agency reported on June 14.
"Currently the field's output capacity stands at 1,500 barrels of oil per day," he said.
"Once the two wells come on stream the figure will be increased by 3,000 barrels per day," he explained.
"The field's output capacity will reach 30,000 barrels per day by September 2016," Haji Hosseinnejad explained.
With the implementation of the North Yaran field's development project, 30,000 barrels of oil will be extracted daily.
North Yaran Oilfield is located in Khuzestan province 130 kilometers west of Ahvaz, along Iran-Iraq border.
Iran's oil production capacity will rise by 90,000 barrels per day once the South and the North Yaran oilfields come on stream.
Edited by CN