Iran increases recovery factor for Ahvaz oil field

The recovery factor for the Asmari reservoir of Ahvaz oil field will increase up to 56 % through proper investment.
The head of production studies centres at Oil Industry Research Institute told that the reservoir currently yield 710,000-750,000 barrels crude oil per day while is recovery factor will only stood at maximum 37 % in the absence of adequate investment.

Mehdi Fasih noted that a proper development project will increase production time of the reservoir. He added that the development project for the field has been carried out by Oil Industry Research Institute in cooperation with Norway’s Statoil.
Fasih stated that Asmari reservoir of Ahvaz oil field is very big and despite most carbonated reservoirs in the country, it is not cracked. In situ reserves of Asmari reservoir has been estimated at 25 bn barrels.