Iran’s oil production expected to increase

Dec 31, 2003 01:00 AM

Iran’s oil production capacity would hit 4 mm and 47,000 of bpd. The National Iranian Oil Company has prepared some plans for development of the current oil fields in order to increase oil production capacity of the country.
The production capacity of Noruz oil field and Surush oil field is projected to increase to 60,000 and 100,000 bpd respectively in next Iranian calendar year. The production capacity of Foruzan and Esfandiar oil field will also increase from 40,00 bpd to 70,000 barrels.

According to the report released, the production capacity of the central oil fields will also increase in average from 65,000 barrels to 89,000 bpd. For instance, the production capacity of Dehloran oil field increases from 5,000 barrels to 10,000 bpd and production capacity of Cheshmeh Khosh oil field will increase from 31,000 to 38,000 bpd.
The gas production capacity of Iran is projected to increase from 396 mm cm in Iranian calendar year 1382 to 464 mm cm in Iranian calendar year 1383.

Source: Tehran Times
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