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Azadegan Oilfield Output to Reach 320,000 bpd in 2023

Azadegan Oilfield Output to Reach 320,000 bpd in 2023
Azadegan Oilfield Output to Reach 320,000 bpd in 2023

The development of South Azadegan Oilfield in Khuzestan Province is expected to be completed in 2023, managing director of the National Iranian Oil Company said.
“Upon the project’s completion, the field’s crude oil production capacity will reach 320,000 barrels per day from the current 140,000 bpd,” Mohsen Khojastehmehr was also quoted as saying by the Oil Ministry’s news agency Shana.
Located 100 km west of Ahvaz, South Azadegan is estimated to hold 27 billion barrels of oil in place, of which 1.7 billion barrels are extractable. It is part of the West Karoun oil block in Khuzestan.

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