BAKU, Azerbaijan, February 11. Iran’s crude oil production from the Iran-Iraq joint South Azadegan oil field (called Majnoon in Iraq) has increased by 45,000 barrels per day over the past year (February 10, 2022 through February 10, 2023), CEO of Iranian Petroleum Engineering and Development Company (PEDEC), Abouzar Sharifi said, Trend reports referring to the company’s website.
Sharifi noted that 36 new wells were drilled at the South Azadegan oil field during the mentioned period.
The CEO added that the launch of a 25-km long pipeline for the transportation of crude oil, as well as installing of manifold equipment has accelerated the field development process within the past year.
A manifold is an arrangement of piping and/or valves designed to combine, distribute, control, and often monitor fluid flow. Subsea manifolds are installed on the seabed within an array of wells to gather production fluids or to inject water or gas into wells.
“It is expected that the planned goals for the development of the 1st phase of the South Azadegan oil field will be achieved in the near future,” he said.
Iran's Azadegan oil field is located 80 km southwest of Ahvaz city in the Khuzestan Province (southwestern Iran). It is estimated that the field contains about 32 billion barrels of oil. In Iran, this field is divided into "North Azadegan" and "South Azadegan".
At present, crude oil extraction from Iran's South Azadegan oil field is 85,000 barrels daily. The field contains 28.2 billion barrels of crude oil, of which 1.6 billion barrels can be extracted.
According to the first plan for the development of this field, daily 320,000 barrels of crude oil and 197 million cubic feet (about 7 million cubic meters) of natural gas will be extracted from the field.
According to the second plan, daily 280,000 barrels of crude oil will be extracted from the field. In total, 600,000 barrels of crude oil daily will be extracted from the Azadegan oil field.