BAKU, Azerbaijan, April 29. The drilling of six development wells has started in the Yadavaran oil field (Sindbad in Iraq), a joint oil field of Iran and Iraq, deputy general director of the National Mining Company of Iran Abdolkarim Ali Mohammadi said, Trend reports.
According to him, the mentioned wells are being drilled within the framework of the agreement signed between the National Mining Company of Iran, Petroleum Development and Engineering Company (Pedec).
Ali Mohammadi noted that these wells will be drilled within 24 months and handed over to the oil company. The national mining company intends to modernize the wells faster. A total of 4,800 meters will be drilled in six wells.
To note, the Yadavaran oil field, located 60 kilometers southwest of the city of Ahvaz in Khuzestan Province on the Iran-Iraq border, contains 6.3 billion barrels of oil. It is reported that its production could reach 6.2 billion barrels. The first phase of the field produces more than 110,000 barrels of oil daily through 49 wells.
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