Report

rss

Iraq News

Kurdistan

Economy

World

All News

Iran to increase oil production capacity in a joint field with Iraq

Category: Economy

Date: 2020-09-07T12:02:27+0000
Iran to increase oil production capacity in a joint field with Iraq

Shafaq News / Humayun Kadhimini, responsible for developing the South Yaran field in southwestern Iran, announced on Monday that the production capacity of the joint field with Iraq has increased to 25 thousand barrels per day.

In a statement, Kadhimini said that the production capacity was increased by installing a mobile "MOS" device for treating oil produced nationally, pointing that for the first time, this device is being installed with local industry in West Karun fields and that this step is important in the framework of benefiting from Iranian industries.

Kadhmini indicated that by installing this device, 5000 barrels per day were added to the production capacity of the South Yaran joint field, at an average cost equivalent to 16.5 cents a barrel.

He said that oil is being extracted from 12 wells from the field.


related

Iran to Sign Deals With Local Firms to Study Azadegan Oil Field

Date: 2021-05-30 18:09:52
Iran to Sign Deals With Local Firms to Study Azadegan Oil Field

Iraq receives 22% of Iranian non-oil exports

Date: 2020-08-02 16:48:54
Iraq receives 22% of Iranian non-oil exports

Tehran and Baghdad discuss enhancing gas exports

Date: 2022-02-23 13:26:46
Tehran and Baghdad discuss enhancing gas exports

Oil production in Iran reaches pre-sanction levels

Date: 2022-04-05 06:22:06
Oil production in Iran reaches pre-sanction levels

Iran raises oil production in the fields shared with Iraq

Date: 2020-09-15 07:53:37
Iran raises oil production in the fields shared with Iraq

Oil headed for weekly fall, prospect of Iran deal stokes fears of extra supply

Date: 2022-02-18 05:55:56
Oil headed for weekly fall, prospect of Iran deal stokes fears of extra supply

Oil prices climb after drawdown in stocks, positive demand outlook

Date: 2021-09-15 05:59:11
Oil prices climb after drawdown in stocks, positive demand outlook

Oil firms on tight supply though EU ban on Russian oil still uncertain

Date: 2022-05-26 05:35:21
Oil firms on tight supply though EU ban on Russian oil still uncertain