Gulf Oil and Gas accountACCOUNT

Yadavaran Oil Field’s Production on the Rise

Source: Shana 6/9/2012, Location: Asia

Share |
Early production from Yadavaran oil field will rise to 20 thousand barrels a day up to the end of current Iranian calendar month, Khordad, that ends on 20th June.

Managing director of Arvandan Oil and Gas Company, Salbali Karimi, made the above remarks, adding at present the oil field is yielding 16 thousand barrels of oil per day.

In order to raise oil production to 20 thousand barrels per day eight wells have been drilled, according a report by Shana.

Yadavaran oil field is located 70 kilometers southwest of Ahwaz city near the border with Iraq.

Development plan of the field includes three phases in which oil production will rise to 85.000, 180.000 and 300.000 barrels of oil per day in first, second and third phases respectively.

In place oil reserves of the field is estimated at 12 billion barrels while the volume of associated gas reserves at 12.5 trillion cubic feet and gas condensate reserves at 1.9 billion barrels. Also it is forecast 2.7 trillion cubic meters of gas and 397 million barrels of gas condensate could be recovered from the field which comprises of three layers.

Development contract of the field was signed between Iranian company Petroleum Engineering and Development Company and Sinopec from China in 2007.

The Chinese company started development work in 2009 and succeeded to bring the field on stream in a 16 month period.

Production News in Iran >>

Iraq >>  8/16/2018 - Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity. ...
Norway >>  8/16/2018 - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of...

Niger >>  8/8/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce...
Vietnam >>  8/8/2018 - The biggest oil refinery in one of Asia's fastest-growing economies is ramping up production and expects to run at full capacity in September after a ...

Iraq >>  8/7/2018 - Iraqi Kurdistan-focused Genel Energy is likely to significantly increase its oil production guidance next year, Chief Financial Officer Esa Ikaheimone...
Egypt >>  8/6/2018 - The daily production of Zohr gas field will increase to 1.75 billion cubic metres by the end of the month and to 2 billion cubic metres by September, ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 |

Oil & Gas Projects in Iran >>

More News

 

Oil & Gas Companies in Iran >>


Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.