BAKU, Azerbaijan, August 16. Work is underway to boost the production of Iran's Karoon Oil and Gas Production Company (KOGPC) to one million barrels per day by the end of the current Iranian year (March 20, 2026), Hossein Zeydvandi, the head of operations at the company, told local media, Trend reports.
According to him, it's planned to use 35 downhole pumps by the end of the year. Thus, another 30,000 barrels of crude oil will be added to the production potential daily.
Zeydvandi indicated that a series of operational procedures are
currently underway at the Ahvaz Desalination Plant No. 3 within the
company's portfolio.
The facility is capable of executing the preliminary processing of
220,000 barrels of crude oil on a daily basis.
This is regarded as a pivotal advancement in the enhancement of
crude oil quality.
At present, maintenance operations are underway at the primary
reservoir of this facility.
Although the daily processing of crude oil is expected to decrease by 75,000 barrels, there is a minimal reduction in processing due to the use of alternative equipment.
To note, the KOGPC, operating under the National Company for the Southern Oil Zones of Iran, has the potential to produce more than one million barrels of oil per day. The main oil fields from which this company produces crude oil are the Ahvaz, Mansouri, Abteymour, and Ramin oil fields. The gas production potential of this company is 600 million cubic feet (approximately 17 million cubic meters) per day.
As many as 27 percent of Iran's crude oil production belongs to the KOGPC.
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