(MENAFN) South Azadegan oilfield in southern Iran will be significantly developed by adding twelve more drilling rigs, according to recent reports.
Furthermore, 70 wells will be drilled in total in the mentioned oilfield on the back of contracts signed with six local and overseas companies.
According to the plans, 150 wells are to be drilled in the first phase in South Azadegan, and then the number of wells will grow to 185 in the second phase.
"There are currently 16 drilling rigs operating on some 100 wells while the project development target includes 185 wells," said the contractor of the field's development.
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