TEHRAN Dec 10 (Shana)--Early production from South Azadegan oil field is expected to reach 80,000 b/d, managing-director of Petroleum Engineering and Development Company (PEDEC) Abdorreza Haji-Hosseinnejad said.
He said that a tender bid is being offered for this purpose, adding that production from South Azadegan is planned to be enhanced from the current 50,000 b/d to 80,000 b/d by March 2016.

The official said that the field is expected to be producing 320,000 b/d by March 2017.
He said the field would produce 600,000 b/d of oil once it undergoes a second phase of development.
China’s CNPCI was initially in charge of South Azadegan, but Iran cancelled its contract after the Chinese company failed to fulfill its obligations.

By SHANA

 

The Iran Project is not responsible for the content of quoted articles.