The project aimed at boosting the oil field’s cumulative production to around 167 million barrels was officially inaugurated by Oil Minister Javad Owji via videoconference.

Cheshmeh Khosh oil field is located in the south of Ilam Province and northwest of Khuzestan Province. The field, along with Dalpari and East Paydar fields, is among the fields operated by the West Oil and Gas Production Company (WOGPC) – an affiliate of the National Iranian Oil Company (NIOC) – and was put into operation in 2011.

Following the introduction of NIOC’s new generation of contracts titled Iran Petroleum Contract (IPC), a 10-year contract aimed at improving recovery, increasing output, and boosting cumulative production in Cheshmeh Khosh, Dalpari, and East Paydar fields was awarded to Iran’s Iran Ofogh Industrial Development Company (IOID) and Kayson as well as Russian company ZN Vostok (ZNV).

The strategic project was delivered to the Petroleum Engineering and Development Company (PEDEC), the main arm of NIOC dealing with the development of onshore oil fields.

The project was signed in February 2019 and started after going through legal procedures and obtaining necessary permits from the Supreme Economic Council in 2019.