Raeisi inaugurates joint Azadegan oil field 45,000 bpd output increase project

SHANA (Ahvaz) – Iran’s President Seyyed Ebrahim Raeisi on Friday inaugurated a project to boost extraction from joint Azadegan oil field in southwestern province of Khuzestan by 45,000 barrels per day (bpd).

The project has been implemented after 40 new wells were drilled, completed, and put into operation in the field shared with Iraq.

Based on the master development plan (MDP), the project of Azadegan oil field consists of two stages.

The first phase comprises the drilling and the completion of 206 wells, the installation of overground facilities, 10 manifolds, and two separation plants, and the construction of the Central Treatment Export Plant (CTEP) with a daily processing capacity of 320,000 barrels.

After a years-long hiatus, the development of South Azadegan resumed when the Raeisi administration took office.

Since autumn 2021, the first phase of development has been accelerated to make up for lost time by relying on expertise of domestic manufacturers and contractors and their experience in developing oil and gas fields and investing some 400 million dollars.

To that end, drilling facilities were increased by 70 percent, 170-kilometer-long flow pipelines were supplied, of which 130 kilometers were installed and launched, 40 new wells were drilled, completed, and put into operation, daily crude oil output rose by 45,000 barrels, 130 kilometers of major and minor access roads were built or renovated, and 25-kilometer-long 14- and 20-inch transmission pipelines were laid and run.

South Azadegan oil field, located in 80km southwest of Ahvaz, the capital of Khuzestan Province, adjacent to Iran-Iraq border, is a joint field having an area of 765 square kilometers, which is estimated to have 27 billion barrels of crude oil in place.     

News ID 471744

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