BAKU, Azerbaijan, August 19. The production of crude oil at the Darkhovin oil field of Iran's Arvandan Oil and Gas Production Company has increased by 10,000 barrels per day in recent days, the Executive Director of Iran's Arvandan Oil and Gas Production Company Abdollah Ozari Ahvazi said, Trend reports.
According to him, in this regard, repair and restoration works have been carried out at wells №9 and №34 of the Darkhovin oil field.
Ozari Ahvazi added that at present the company is continuing repair and recovery works to implement the planned programs to increase production.
Arvandan Oil and Gas Company operates under the National Oil Company of Iran. Currently, the daily crude oil production potential of Arvandan Oil and Gas Company is 400,000 barrels. The company also has the potential to produce 7.64 million cubic meters (270 million cubic feet) of gas daily.
To note, a total of 74 oil fields and 22 gas fields are currently operating in Iran. There are 37 oil fields in the territory of the National Company of Iran's Southern Oil Zones, 14 in the territory of the Iranian Central Oil Zones Company, 5 in the territory of the Arvandan Oil and Gas Production Company, and 18 in the territory of the Offshore Oil Company. In addition, 5 gas fields are operated in the territory of the South Oil Zones National Company of Iran, 13 in the territory of the Central Oil Zones Company, 1 in the territory of Pars Oil and Gas Company, and 3 in the territory of Offshore Oil Company.
Iran's total hydrocarbon reserves are 1.2 trillion barrels. Iran can produce 340 billion barrels of this gas with existing technological equipment. Iran can use about 30 percent, while 70 percent remains unused underground.
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