Iran to start tapping oilfield in Persian Gulf
Tehran Times reported that Iran will start production at the Persian Gulf oilfield of Reshadat oilfield, in the current Iranian calendar year, which began on March 21st IRNA quoted National Iranian Offshore Oilfields Company managing director Mr Mahmoud Zirakchianzadeh as said that on Monday April 22nd 2013.
Mr Zirakchianzadeh said that Iran has launched projects to develop 4 oilfields, located in Persian Gulf and raise the total output by 100,000 bpd in the current calendar year.
He said that “Some USD 9 billion worth of contracts were signed last year to develop Salman, Lavan and Forouz B fields. This year, boosting outputs at Reshadat, Forouzan, Hengam and Hendijan fields by 100,000 bpd has been planned.”
Previously, IRNA quoted Mr Abbas Rajabkhani, an official at the Iranian Offshore Oil Company as saying that the Reshadat oilfield is projected to yield 22,000 barrels per day of crude oil.
Iran has announced that it will implement 11 plans by the Iranian calendar month of Mordad 1392 with the goal of boosting oil production by 175,000 barrels per day.
The plans are related to the first phase of the development plans of the Yadavaran, Sarvestan, Saadatabad, Hengam, Forouzan, Reshadat, Aban, and Paydar oilfields, according to a report published by the National Iranian Oil Company on August 25th.
Once all the phases of the development plans are implemented, the output will be increased by 500,000 bpd. Oil Minister Mr Rostam Qasemi has said that the country’s oil output is projected to increase by 1.5 million bpd by 2016.
Source - Tehran Times