The first phase of the development of Esfandiar Joint Oilfield will start soon, the managing director of Iranian Offshore Oil Company said.
“According to the scheduled program, it is predicted that the executive operation of the first phase of the development project will be carried out within 36 months,” Alireza Mehdizadeh was also quoted as saying by Mehr News Agency.
As per the program, four wells will be drilled in the first phase and the extracted oil will be sent to Kharg Island, he added.
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