October 15, 2022 18:41

Repair, Maintenance Enhance NISOC Output by 85,000 bpd

NISOC, the largest subsidiary of the National Iranian Oil Company, is presently producing an average of 1.5 million barrels per day of crude oil

Regular repair and maintenance of aging oil wells in southern oil-rich regions have increased crude production capacity by 85,000 barrels per day, the head of Repair and Renovation Unit at the National Iranian South Oil Company said.
“The state-run firm has carried out routine restorative and cleanup operations on wells over the last six months, the result of which was a significant rise in daily output,” Abbas Lorki was also quoted as saying by IRNA.
Giving a breakdown on the operations, he added that close to 1,420 liters of fluid, including different kinds of acids, nitrogen, diesel and cement, were used in the period to repair the wells scattered over 71,000 square kilometers.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

National Iranian South Oil Company (NISOC)