BAKU, Azerbaijan, October 2. Important works have been carried out at Iran's Marun Oil and Gas Production Company on crude oil production, flare gas collection, etc. during the six months of the current Iranian year (from March 20 through September 21, 2024), the executive director of Iran's Marun Oil and Gas Production Company Ghobad Nasseri told reporters, Trend reports.
According to him, the company managed to prevent the flaring of 100 million cubic feet (about 2.83 million cubic meters) of gas per day and gained $150 million in revenue within six months.
Nasseri added that due to the construction of a 17-kilometer-long pipeline, it was possible to prevent the reduction of crude oil production at the Marun field by 8,000 barrels per day.
The official noted that, moreover, thanks to the construction of a 15-kilometer-long inter-well pipeline in the Marun field, the production of crude oil increased from 15,000 barrels to 40,000 barrels per day.
He also stated that gas condensate production increased by 2,000 barrels per day with the commissioning of NGL 400 a section.
Marun Oil and Gas Production Company, operating under the auspices of Iran's Southern Oil Zones National Company, exploits 404 oil wells. The production of this company is 562,000 barrels per day. About 360,000 barrels of it are transported to the Isfahan Oil Refinery Company, and the rest (202,000 barrels) to Kharg Island.
To note, this company produces 570 million cubic feet (about 16.1 million cubic meters) of gas, 25,000 barrels of liquefied natural gas, and 7,000 barrels of gas condensate daily.