Iran’s PG offshore oil fields output exceeds 723,000 bpd
July 24, 2008 - 0:0
TEHRAN – National Iranian Offshore Oil Company (NIOOC), produced averagely 723,000 barrels of crude oil per day in Iranian months of Khordad and Tir (May 21- July 21) from its Persian Gulf oil fields.
NIOOC, a subsidiary of National Iranian Oil Company (NIOC), mainly extracts oil from Kharg, Behregan, Siri and Lavan oil regions, PIN reported.NIOOC currently has 6 operational oil terminals and in near future Lavan and Siri oil terminals will come on stream, too.
The company’s in-situ oil and gas reserve is about 91 billion barrels of oil and 173 trillion cubic feet of gas