Gulf Oil and Gas accountACCOUNT

30% Rise in North Azadegan Oil Deposits

Source: www.gulfoilandgas.com 5/1/2016, Location: Asia

Share |
Engineering studies over North Azadegan oilfield indicate that the field holds 30% more crude oil in its despite than was previously estimated in the field’s 2008 master development plan (MDP).

Mohammad Reza Asadi, director of engineering at Petroleum Engineering and Development Company (PEDEC), told Shana that finalization of the field’s MDP is one of the company’s agendas for development of the field.

Based on the master plan, North Azadegan field will be developed in 2 major phases, he said.

Asadi said the latest estimates show that the field holds 30% more crude oil than it was previously presumed in the MDP that was developed in 2008.

Drilling operations over 100 wells have started nearly a year ago and 60 of the wells are finalized with some being productive.

The field was first decided to be developed by a Chinese developer, CNPCI, but Iran expelled the contractor from North Azadegan for its failure to respect its obligations.

Production News in Iran >>

United States >>  10/13/2017 - BNK Petroleum Inc. is pleased to announce that the Brock 9-2H well (100% working interest) averaged about 730 Barrels of oil equivalent per day (BOEPD...
Russia >>  10/10/2017 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions...

Iran >>  10/9/2017 - The Iranian Central Oil Fields Company (ICOFC) produced an average of 181,000 barrels per day of crude oil over the first half of the current Iranian ...
Australia >>  10/8/2017 - Chevron Corporation has started producing liquefied natural gas (LNG) at the Wheatstone Project in Western Australia. The first cargo is on track to b...

Iran >>  10/7/2017 - Iran"s production of crude oil from Azar Oilfield, shared with neighboring Iraq, has exceeded 4 million barrels, operator of the field says. ...
Norway >>  10/6/2017 - Italian oil firm Eni’s Arctic Goliat oilfield off Norway will remain shut for repairs for “some weeks”, a company spokesman said. Norway’s Petroleum S...

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 |

Oil & Gas Projects in Iran >>

More News

 

Oil & Gas Companies in Iran >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.