Daily oil output from Iran's North Azadegan field revealed

Business Materials 25 November 2019 09:48 (UTC +04:00)
Daily oil output from Iran's North Azadegan field revealed

BAKU, Azerbaijan, Nov. 25

By Elnur Baghishov - Trend:

Iran’s North Azadegan oil field, which the country shares with Iraq in the West Karoun region, is producing 75,000 barrels per day of oil steadily, said Esmail Qolampour Ahangar, the director of the field’s development project, Trend reports referring to Mehr news agency.

Ahangar said that five new wells and an assessment well are planned to be drilled in the field in order to maintain the field’s production after the fifth and sixth years of production.

Three years have passed since North Azadegan oil field started production, the official noted.

Regarding the plans for increasing the field’s output, Ahangar noted that in addition to drilling the mentioned six wells, plans have been made for overhauling the already active wells in order to increase the field’s recovery.

The director added that for the time being, the developers are using the “Gas Lift” procedure in the wells of North Azadegan field to improve the recovery and maintain the production level.

West Karoun oilfields include five major fields namely North Azadegan, South Azadegan, North Yaran, South Yaran and Yadavaran.

West Karoun holds great importance for Iran’s oil industry since according to the latest studies, its in-situ deposit is estimated to be 67 billion barrels containing both light and heavy crude oils, and therefore it could have a big impact on Iran’s oil output increases in the future.

With the fields fully operational, their output could add 1.2 million barrels per day to the country’s oil production capacity.

Two phases are planned for the development of the North Azadegan oil field. With the commissioning of these two phases, oil production is expected to total 150,000 barrels per day. The field is estimated to contain 5.6 billion barrels of crude oil, 279 million barrels of which could be extracted. There are also possibilities to extract 1.1 million cubic meters of gas form the field.