BAKU, Azerbaijan, August 17. A new well has been drilled and upgraded in the Yadavaran oil field (Sinbad in Iraq), a joint oil field between Iran and Iraq, to increase production, Deputy CEO of the National Iranian Drilling Company (NIDC) Abdulkarim Alimohammadi told local media, Trend reports.
According to him, within the framework of the 2nd stage of development of the Yadavaran oil field, well No. 43 has been handed over to the Petroleum Engineering and Development Company.
Alimohammadi noted that within the next two weeks, well No. 42 will be drilled and handed over to the company.
The deputy CEO said that as part of the 2nd stage of development of the Yadavaran field, the first plan is to drill and upgrade six wells.
The Yadavaran oil field, located 60 km southwest of Ahvaz city in Khuzestan Province on the Iran-Iraq border, contains 6.3 billion barrels of oil. It is reported that 6.2 billion barrels of it can be extracted. Iran currently produces 117,000 barrels of crude oil per day from this field and is reportedly aiming to increase production to 156,000 barrels per day.
------
Follow the author on X: @BaghishovElnur
