BAKU, Azerbaijan, September 26. Iran has recently started producing crude oil from 11 new wells drilled in the Iran-Iraq joint South Azadegan oil field (called Majnon in Iraq), CEO of Iranian Petroleum Engineering and Development Company (PEDEC), Abouzar Sharifi said, Trend reports.
Sharifi also added that 25,000 barrels of crude oil can be produced from the mentioned wells per day.
The CEO noted that the new separator equipment in the north of the South Azadegan oil field receives the crude oil that they produce. This equipment splits the gas from the crude oil. Then, the crude oil goes through a pipeline that is 18 km long for export.
Iran's Azadegan oil field is located 80 km southwest of Ahvaz city in the Khuzestan Province (southwestern Iran). It is estimated that the field contains about 32 billion barrels of oil. Current production from the field is 190,000 barrels per day. In Iran, this field is usually divided into two parts - North Azadegan and South Azadegan.
At present, crude oil extraction from Iran's South Azadegan oil field is 85,000 barrels daily. The field contains 28.2 billion barrels of crude oil, of which 1.6 billion barrels can be extracted.
According to the first plan for the development of this field, 320,000 barrels of crude oil and 197 million cubic feet (about 7 million cubic meters) of natural gas will be extracted daily from the field.
According to the second plan, 280,000 barrels of crude oil will be extracted daily from the field. In total, 600,000 barrels of crude oil daily will be extracted from the Azadegan oil field.
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