15 July 2004 - 14:15
  • News Code: 26698
Rag Sefid Oil Field Contains 14bn Barrels In Situ Reserves

TEHRAN – Studies on Rag Sefid oil field show that the reservoir enjoys about 14 billion barrels crude oil.

Managing director of Naft Kish Company told Petroenergy Information Network that the field's development project was being drawn up. Feizollah Hazrati added that reservoir studies included collection of information, appraising the reservoir, comparing history, predictions and development project. He said the company has also studies other field including Resalat, which comprises four reservoirs in the Persian Gulf and has progressed about 70 percent. "The company has also conducted studies on Tabnak and Kerenj fields that have been completed," he said. Hazrati stated that Naft Kish Company was also creating a data bank on Aghar and Dalan fields adding that the project has so far progressed 30 percent.
News Code 26698

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