Baku, Azerbaijan, March 7
By Fatih Karimov – Trend:
Norwegian AGR company has launched studies for enhancement of Iran’s Koupal oilfield’s recovery rate, said Nigel Blott, general manager at AGR.
The proposals regarding the project will be prepared and implemented soon, Blott said, Mehr news agency reported March 7.
Oil production from Koupal oil field in southwestern Iran currently reaches 94,000 barrels per day. The field’s recovery rate stands at 13 percent.
About 80 percent of Iran’s active oil fields are in their second half-life and need 290 million cubic meters of gas re-injection per day to maintain the production level.
Blott further said that AGR is ready to get involved in Iran’s enhanced oil recovery (EOR) projects within the Pergas consortium.
AGR is one of 11 companies of Pergas consortium, which has signed a non-disclosure agreement (NDA) with the National Iranian South Oil Company (NISOC) for carrying out studies over two oilfields in Iran.
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