South Azadegan Oilfield Projects Making Headway

The development of the first phase of South Azadegan Oilfield in Khuzestan Province has been undertaken by the Petroleum Engineering and Development Company and is expected to be completed by September 2023, managing director of PEDEC said.
“Hopefully, 30 wells will be drilled at the field by the end of the current Iranian year [March 2023] to help increase crude extraction from the field,” Abouzar Sharifi was also quoted as saying by the Oil Ministry’s news agency Shana.
Upon the project’s completion, the field’s crude oil production capacity will reach 320,000 bpd from the current 140,000 bpd. 
“We are also cooperating with some knowledge-based companies to raise the output of wells located in the field,” he added.