NICOC to increase oil output by 150,000 bpd

April 11, 2007 - 0:0
TEHRAN (PIN) -- National Iranian Central Oilfields Company’s (NICOC) development plans manager Tuesday announced that the company was determined to increase its current daily oil production of 122 thousand barrels to 150 thousand bpd by the end of Iranian calendar year (March 20, 2008).

Talking to PIN, Mahmud Borzu added the desalination unit of Naftshahr and Tangeh Bijar gas field would be put into operation next summer, saying the desalination unit’s capacity would be 15 thousand barrels per day. He said the annual increase was the outcome of the rise in capacities of western fields of Serkan, Maleh Kuh, Paidar, West Paidar, Cheshmeh Khosh, Dehloran, and Naftshahr.

Shifting to the company’s gas output, Borzu said the NICOC was at present producing over 265 million cubic meters a day and the figure would soar to 310 million cubic meters by mid-March 2008, when the gas fields of Homa, Shanol, Varavi, Tabnak, and Tangeh Bijar became operational.