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Russia backs Iran's oil fields for activation of advanced monitoring system

Iran Materials 27 February 2025 14:25 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, February 27. The new monitoring system for several oil fields in western Ilam province, including Aban, Paydar Gharb, Cheshmeh Khosh, and East Paydar, was launched as part of the cooperation between Iranian and Russian companies on February 26, Trend reports citing the Petroleum Engineering and Development Company (PEDEC).

The launch ceremony was attended by key officials, including Iran's Deputy Oil Minister and the CEO of the National Iranian Oil Company (NIOC) Hamid Bovard, the head of NIOC’s production affairs department Farrokh Alikhani, the CEO of the Petroleum Engineering and Development Company (PEDC) Nasrollah Zarei, Russian Ambassador to Tehran Alexey Dedov, and the CEO of ZN Vostok Oil Company Azamat Ismagilov among others.

The monitoring system enabled the remote operation of a downhole pump at well No.21 of the Aban oil field.

The system allows real-time monitoring of production wells, providing crucial data on the status of downhole pumps. It also tracks the condition of waste disposal wells, ensuring that operational information is readily available.

Furthermore, the monitoring system facilitates the early detection of issues in pipelines, such as faults and potential problems, enabling prompt intervention. The introduction of this system is seen as a significant step toward increasing production, reducing costs, and improving management in Iran’s oil sector.

Currently, Iran has 74 active oil fields and 22 gas fields. As many as 37 oil fields are operating under the Southern Oil Zones National Company of Iran, 14 under the Central Oil Zones Company of Iran, five under the Arvandan Oil and Gas Production Company, and 18 under the Offshore Oil Company. Additionally, five gas fields are operating under the Southern Oil Zones National Company of Iran, 13 under the Central Oil Zones Company, one under the Pars Oil and Gas Company, and three under the Offshore Oil Company.

Iran's total hydrocarbon reserves are 1.2 trillion barrels. Iran can produce 340 billion barrels with existing technological equipment. Iran can use about 30 percent, and 70 percent remains unutilized underground.

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