Karoun Oil & Gas Company Increases Production

Following the implementation of development plans last year (March 2022-2023), Karoun Oil and Gas Production Company increased its oil output by 340,000 barrels per day.
The company’s oil output, which stood at 500,000 barrels per day at the beginning of last year, reached 840,000 bpd at the end of the year, the Energy Today website reported.
The company has desalinated about 85,000 barrels of wastewater per day and injected more than 97% of it to injection wells last year.
The daily production of about 12.75 million cubic meters of gas, 25,000 barrels of gas condensate and about 25,000 cubic meters of drinking, raw and industrial water in the industrial water treatment plant are among other achievements of the KOGPC.