New Oil Well in Sivand Adds 2,000 bpd to Output Capacity

The first well of Nasr 5 satellite platform in Sivand Oilfield in the Persian Gulf has become operational to help increase oil production in the field, managing director of the Drilling Company International said.
“With the activities of PetroIran Development Company to boost oil production in Dena, Esfand and Sivand fields, as well as the drilling and successful completion of three wells, the first production well of Nasr 5 platform has been launched, which increases the field’s production capacity by 2,000 barrels per day,” Hamidreza Saqafi was also quoted as saying by the Oil Ministry’s news agency Shana.
Referring to the unique conditions of Nasr 5 platform, he said, “Due to the unconventional dimensions of the platform and the instability of the seabed at its location as well as the limitations caused by power cables and entry and exit lines to the platform, using conventional drilling rigs in the Persian Gulf on this platform was impossible and as a result, drilling operations did not happen in the past decades.”