Ahvaz, Khouzestan prov., July 25, IRNA � Operator of Yadavaran oilfield development project Hadi Nazarpour said on Sunday that up to 300,000 bpd oil production capacity increase of Yadavaran oilfield is expected.


Addressing a press conference, Nazarpour said Yadavaran oil field is located 70 kms southwest of Ahvaz and north of Khorramshahr , being common with Iraq.
It comprises the Koushk and Hosseini parts.

The official noted that the development contract of the oilfield was signed with Chinese Sinopec company in 2008 which is to to be completed in three phases.

It is envisaged that the oilfield yield to the ceiling of 85,000 bpd oil in the first phase, 180,000 bpd in the second phase, and 300,000 bpd in the final phase, announced the official.

Nazarpour said based on studies made on the field and the new wells drilled in the area, the in situ oil in the field reached 31 billion barrels from 12 billion barrels and hence, the fourth and fifth phases of the project can be defined.

By IRNA