Maroun
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CEO announces prevention of 150,000 barrel oil production loss in Maroun
SHANA (Tehran) – The CEO of Maroun Oil and Gas Production Company (MOGPC) announced that a successful fishing operation in one of the company’s Bangestan wells prevented the well from being shut down for two months, averting a daily production loss of 2,500 barrels of crude oil.
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Profile: Maroun Oil and Gas Production Company (MOGPC)
Hydrocarbon reservoirs administered by Maroun Oil and Gas Production Company (MOGPC) include the Asmari and Bangestan reservoirs of Maroun, the Asmari and Bangestan reservoirs of Kupal, the Bangestan reservoir of Shadegan and a Khami reservoir shared by Maroun, Kupal, and Shadegan fields. So far, 528 wells have been drilled in the six reservoirs while according to a production plan, MOGPC is proceeding with output hike measures up to the end of the current calendar year by carrying out development and workover activities. In light of the annulment of the mandatory output decline, MOGPC would be delivering about 75% of its oil production to domestic refineries with the rest destined for export. However, the decline in production levels is not ruled out due to overhaul programs.
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Maroun oil/gas output to rise 5%
Maroun Oil and Gas Production Company (MOGPC) is expected to see its oil and gas production grow 5% as new modifications are under way in its pipelines. Qobad Nasseri, CEO of MOGPC, told “Iran Petroleum” that plans were also under way to end the flaring of 40 mcf/d of associated petroleum gas.