Oil Production
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Danan, Cheshmeh-Khosh, Susangerd Attractive to Investors
TEHRAN (Shana) -- Sanctions have failed to halt Iran’s petroleum industry activities. However, developing the industry in Iran would need foreign investment and cutting edge technology to raise output. Over recent years, in the absence of foreign companies, local contractors have moved to develop oil and gas fields.
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NISOC Proceeds with Green Development
TEHRAN (Shana) -- CEO of National Iranian South Oil Company (NISOC) Ahmad Mohammadi has said sustainable and continuous production, supply of refinery feedstock and providing oil for exports were among the major achievements of the company. In an interview with "Iran Petroleum", he also said that NISOC was ready to lift output from its oil fields as soon as sanctions are lifted. NISOC supplies 80% of Iran’s oil production.
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Downhole Pumps Boosting North Yaran Oil Output
TEHRAN (Shana) -- The head of North Yaran Oil Field Development Project said announced installation of the fifth downhole pump in the field, and said considering that five more such pumps will be installed in the field by the end of the current calendar year (March 20, 2020), the upward trend of oil production in North Yaran will continue.
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Bangestan Reservoir of Nargesi Field Productive: NISOC
TEHRAN (Shana) -- Well No. 13 of Nargesi oilfield has become productive and thus, extraction of oil from the Bangestan reservoir of this field became possible for the first time in Iran, announced the National Iranian South Oil Company (NISOC).
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Countdown Begins for Commissioning 23 Wells in South Azadegan
TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) has about to complete sinking 23 development wells at South Azadegan Oilfield, an NIDC official said.
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Iran Crude Oil Production Capacity at 3.7 mbd
TEHRAN (Shana) – An Iranian oil official says the country has the capacity to produce 3.7 million barrels per day of crude oil.
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NISOC Ready to Maximize Oil Output
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.
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Iran Mulls Gas Production Enhancement in Khangiran
TEHRAN (Shana) – The CEO of the East Oil and Gas Production Company said that plans were under way to add 2.5 million cubic meters to gas production capacity in Khangiran district, northeastern Iran.