Gulf Oil and Gas accountACCOUNT

Oil & Gas Production to Be Field-Based & Well-Based

Source: www.gulfoilandgas.com 8/1/2016, Location: Asia

Managing director of the Iranian Central Oil Fields Company said that in order to optimize the resources, oil and gas production in ICOFC will be field-based and well-based.

On the sideline of the committee on integrated management of production, operation and reservoir held in Mashhad, Salabali Karimi managing director of ICOFC said in order to make the most effective use of oil and gas fields under ICOFC, we need to have special plan for every single well and allocate suitable resources for developing the fields.

He said ICOFC is ready to tender for new wells together with reviving the existing wells under ICOFC and the company would make most of local contractors potentialities in this regard.

Karimi reiterated those wells with no economic efficiency should be abandoned.

On oil and gas production enhancement he said improving ICOFC reservoir is on the committees agenda and developing Tang-e-bijar field together with joint fields with the neighboring countries would be on top priority.

Production News in Iran >>

China >>  5/22/2020 - CNOOC Limited (CNU) announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production.

...

Italy >>  5/22/2020 - Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to announce its audited annual results for the year ended 31 December 2019. ...

Norway >>  5/22/2020 - His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, paid tribute to the hist...
United Kingdom >>  5/21/2020 - Strong production supports full year 2020 guidance with forecast free cash flow breakeven unchanged at c.$33/Boe. ...

Brazil >>  5/20/2020 - Petrobras informs that the Parque das Baleias Area reached today the mark of 1 billion barrels of oil produced. The Parque das Baleias Area is formed...
Norway >>  5/20/2020 - Preliminary production figures for April 2020 show an average daily production of 2 117 000 barrels of oil, NGL and condensate, which is a decrease of...

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  Skilled Labors  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 | 25 | 26 | 27 |

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.