Tehran Times � The executive operation of a development project for maintaining and enhancing oil production at Sa�adat Abad oil field in central Iran commenced on July 17, Shana reported.

According to the Central Iranian Oil Fields Company (CIOFC), with 2.245 trillion rials (nearly $53.5 million) of investment, the project is aimed to increase the field�s crude oil output by 3,000 bpd.

�Under Engineering, Procurement and Construction (EPC) and Engineering, Procurement and Drilling (EPD) frameworks, the project has been awarded to domestic companies,� Ramin Hatami, the managing director of CIOFC, said.

According to Hatami, during in this project, two wells, an appraisal and a development well, were to be drilled in the field and the project also entails installation of power generation facilities near the field.

This project is a part of master plan to develop the three fields of Sa�adat Abad, Danan and Naft Shahr, he added.

Sa�adat Abad oil field is located 120 km off southeast of Shiraz city in Fars province.