Iran expects amplified profits from new wells


(MENAFN) Iran is definitely experiencing a huge deal of oil-oriented deals and relationships with foreign nations from all around the sphere, thus comes the need to upgrade the local infrastructure.

22 wells will be completed at the Yaran field by the end of this month, and as a result, 50,000 to 60,000 bpd of crude oil is anticipated to be recovered from the field's Sarvak layer once the wells are drilled.

Meanwhile, a handful of appraisal wells have been already drilled at the field, plus Drilling in South Azadegan and Yaran fields is 50 percent complete, said deputy head of National Iranian Drilling Company.

There's a has been a huge tendency lately to focus on oil production from Yadavaran, North Azadegan, South Azadegan, North Yaran and South Yaran oilfields, according to Iran's Oil Ministry.


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