Azerbaijan, Baku, Aug. 8 / Trend /
Iran has injected averagely 94 million cubic of gas per day into oil wells during the first four months of the current solar year (started on March 21, 2011), SHANA reported quoting the Managing Production director of National Iranian South Oil Company Abdol-amir Havizavi as saying.
Earlier Managing Director of National Iranian South Oil Company Hormuz Ghalavand said that Iran's oil production reduced due to lack of drilling rigs and gas to inject into the oil reserves, Mehr News Agency reported on August 3.
"Currently 3 million barrels of crude oil are being produced in Iran's southern regions, but the priority of the National Iranian Oil Company is to preserve and maintain current production levels, considering that oil fields in this region are old," he said.
According to the Fifth Development Plan (2010-2015), Iran should increase oil production by 1 million barrels per day. However, Iran is not ready to maintain current production in the second half-life of the oil fields if it is to implement such measures, he added.
The shortage in drilling rigs for onshore and offshore fields is another reason for drops in oil production. Iran ranks the second in the world in terms of oil reserves, but currently less than 100 drilling rigs are active in the country.
The lack of gas injections into the oil reserves is another problem. Currently 30 oil fields in Khozestan province require gas injection, but the injection applies to 10 oil fields. Meanwhile the lack of pumps in wells also reduces oil production.