26 August 2020 - 13:36
  • News Code: 306557
Gas Flaring Drops 80% in Maroon Oil Facilities

TEHRAN (Shana) -- The instructed crude oil production plan of Maroon Oil and Gas Production Company was realized by more than 100% while its gas flaring was reduced by 80% since last year.

According to the National Iranian South Oil Company (NISOC), Hamid Kavian, CEO of Maroon Oil and Gas Production Company, said: "Over the past year, just like the previous years, the company’s instructed crude oil production was fully realized gas flaring was reduced by 80% in its processing facilities.”

Maroon Oil and Gas Production Company, as one of the five operating companies subordinated to the NISOC, has always been one of the leading companies in the field of efficient production. This is while the fields operated by the company, Maroon, Koupal and Shadegan, are among the most complex and unique fields in the region and even the world, Mr. Kavian added.

He said the company was planning to enhance its oil output by 67,000 b/d in the current Iranian calendar year which began on March 20, adding it also recovered 191,000 b/d by using MOS and MOTs in the previous calendar year.

News Code 306557

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