Esfand Oil Field Raises Output

A well at the Esfand Oil Field in the Persian Gulf has become operational, managing director of Drilling Company International, the executive arm of PetroIran Development Company, said.
PetroIran signed a contract with the Iranian Offshore Oil Company (IOOC) in 2018 to drill a new well that now produces 2,000 barrels of oil per day, the Oil Ministry news agency Shana reported Hamidreza Saqafi as saying.
Esfand is located 18 kilometers southeast of Siri Island. Prior to the launch of the new well, there were 29 wells operating in the field, producing 60,000 barrels of oil per day.