Jofeir, Sepehr Oilfields to Produce 35,000 Barrels in November

The first phase of Jofeir and Sepehr oilfields’ development plans in Khuzestan Province will be completed in November, managing director of Pasargad Energy Development Company said.
“The fields’ production capacity is expected to reach 35,000 barrels per day as soon as the first phase operations are carried out,” Alireza Sadeqabadi was also quoted as saying by IRNA.
The implementation of the second phase will help increase the production capacity by three times. It is very likely that a new hydrocarbon layer could be discovered in the fields. 
PEDEC is implementing the plan with no foreign partners and the whole initiative is undertaken with the help of domestic firms, namely Petroleum Engineering and Development Company (PEDEC), Tadbir Drilling Development Company, Pezhvak Energy Company and Iran International General Contractor Company.