4 February 2020 - 18:31
  • News Code: 299440
Iran Boosts Darkhovin Oil Output

TEHRAN (Shana) -- The CEO of Arvandan Oil and Gas Company said the production capacity of Darkhovin Oilfield had increased by 20,000 b/d over the course of the past 12 months.

According to the National Iranian Oil Company (NIOC), Jahangir Pourhang said a tender was held for the repair of five wells in the oil field, adding: "This tender was held in line with strategic plans for preserving the production capacity of Darkhovin Field.”

He also said that a project to collect 50 mcf of flare gas in West Karoon fields to the private sector, adding the company has been obliged to convert the collected gas into gas liquids and dry gas. “Currently, the process of ceding the land and equipping the initial workshop by the contractor has been fulfilled and the ground will soon be broken for initiating the project.”

Pourhang said the project would be carried out with an investment of $120 million which would be supplied by the project’s developer.

News Code 299440

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