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Yadavaran Output to Reach 85,000 b/d

Source: www.gulfoilandgas.com 3/9/2014, Location: Asia

Yadavaran oil field is expected to be producing 85,000 b/d later this year, managing-director of Petroleum Engineering and Development Company (PEDEC) said.

Abdorreza Haji Hosseinnejad said the field’s production is forecasted to reach 50,000 b/d in the coming days.

He said that China’s Sinopec, the main contractor in the project, has delayed development of the field. He added that the National Iranian Oil Company (NIOC) has turned down a request from Sinopec for more time to develop the project.

Hadi Nazarpour, the official in charge of the development of the project, said the production unit of the field, which includes separation, desalting and desulfurization units, will start operating late this year with a processing capacity of 135,000 barrels.

He said enhanced oil recovery as well as improved oil recovery methods are being applied for boosting the recovery rate of the field.

Yadavaran will raise its production to 180,000 b/d in the second and to 300,000 b/d in the third phase of development.

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