BAKU, Azerbaijan, October 15. Iran's Ahvaz oil field plays a significant role in the country's crude oil production, Deputy Oil Minister, CEO of the National Iranian Oil Company (NIOC), Hamid Bovard said at an event dedicated to the start of the implementation of the pilot project regarding water injection into the reservoir in the Ahvaz field, Trend reports.
According to him, the Ahvaz oil field is the largest in Iran and the fourth largest in the world. This field plays an important role in the country's economy.
Bovard also said that a number of notable measures have been taken in the reservoirs of this field so far.
The main part of Iran's crude oil production is carried out from this reservoir. Thus, one million barrels of crude oil have been recorded as being produced from this field daily.
The deputy minister noted that the implementation speed of these projects has been raised, taking into account the preliminary studies conducted at the NIOC.
New methods for increasing production, including water injection into wells, have begun to be implemented on a pilot basis at the National South Oil Company.
The Ahvaz field, Iran's largest, holds more than 65 billion barrels of oil, with 37 billion barrels being recoverable. It produces 800,000 barrels of oil and 13 million cubic meters of gas daily.
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