Tag Archives | Yaran

Iran starts Early Production at South Yaran Oilfield

Iran has started producing 10,000 barrels per day of crude oil from the South Yarn oilfield, which it shares with Iraq. According to the Petroleum Engineering and Development Company (PEDEC), the company’s managing director Nooreddin Shahnazizadeh said 6 wells of the field have become productive, yielding 10,000 b/d of crude in the early production phase […]

Russneft eyes Oil Ties with Iran

Russian oil refining major Russneft has signaled keenness to enhance oil ties with Iran especially in crude oil swap projects, an official said. Amir Hossein Zamaninia, Deputy Petroleum Minister for international affairs and trading, said the Russian company has also indicated its willingness to join development projects in Iran’s oil fields including the Azadegan, Maroon, […]

South Yaran to Commence Early Production

South Yaran is one of jointly owned oil fields in the West Karoun area in southwestern Iran. It has not been talked about too much. However, its development and operation are among priorities of the Iranian Ministry of Petroleum with regard to developing hydrocarbon fields shared with neighboring countries. North Yaran field has already started […]

Iran “Heartened” at Increased Crude Production

Increasing its crude oil production capacity mainly from Western Karoun joint oilfields, Iran has been heartened and reassured as far as the country’s status in OPEC is concerned. Talking in the verge of the official opening of the three development plans of North Azadegan, Yadavaran and Yaran, Gholam-Reza Manouchehri the deputy head of National Iranian […]

Iran Inaugurates Three Joint Oilfields in Khouzestan

Iran has launched first phase production at three fields in its oil-rich Khouzestan province which bring its total crude output to 300’000 barrels per day. Production from Yadavaran, North Yaran and North Azadegan were inaugurated in an official ceremony attended by President Hassan Rouhani. Iran had awarded Yadavaran to China’s Sinopec through a contract worth […]

Iran Calls for Oil Majors to Tender

Iran has invited global energy giants to a tender for the development of several of its key oil sector projects. The National Iranian Oil Company (NIOC) has called on foreign exploration and production companies to submit the required pre-qualification documents for the tender. It is stated in the statement published on NIOC’s website that the […]

Iran Announces Primary Oil Tender for mid-Oct

Iran will hold its first tender of an oil field for development under the new contract model around the end of the Iranian month of Mehr on Oct. 21, Managing Director of National Iranian Oil Company (NIOC) stated. The South Azadegan field is on the list for the first tender under the Iran Petroleum Contract […]

Iran Starts Test Prodn from Joint Oilfield with Iraq

Iran has started production at a rate of 85,000 barrels of oil a day from the Yadavaran Field, to test its output sustainability, said administrator of the field’s development project. The field is jointly held by neighbouring Iraq. “The field will be inaugurated in near future as production of 85,000 barrels a day has been […]

NIDC Drills 42 Wells in South Azadegan, South Yaran Fields

The National Iranian Drilling Company (NIDC) has completed 30 wells in South Azadegan and 12 more in South Yaran oil fields, said the company’s first deputy managing director. “Up to 70 percent of drilling operation in South Azadegan filed has been carried out and it is planned to be completed in the next four months,” […]

Iran to up Oil Output at Joint Iraq Fields

By John Lee. Iran’s Minister for Petroleum, Bijan Nadar Zangeneh (pictured), has revealed plans to increase production at the country’s western joint fields with Iraq by 200,000 bpd. The increase will happen over the next eight months and “surge to 700,000 bpd in the years to come”, according to a report from PressTV. Iran has […]