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[size=30]Maysan Oil is preparing to develop one common fields with Iran[/size]
04/12/2016 10:22 | Number of Views: 116
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Direction Press / Maysan
Announced Maysan Oil Company, Sunday, for the development of Hovaiza field, which is located within a common border with the Iranian side.
The general director of the company's engineer Adnan Nochi in a press statement, said the Hovaiza field a convexity extends to the inside Iranian territory and Ahave concavity synthesizer, has been drilling the first well in which at the end of the seventies, but drilling has not been completed because of the war that took place with the Iranian side.
He added that the reservoir studies indicate that inventories of oil field and an estimated reserve of 854 million barrels estimated at 219 million barrels would qualify as a production field at a rate of 20 to 30 thousand barrels per day after the completion of development operations.
He revealed Nochi about the existence of a plan to develop the field to start in the new year and the effort ofnational, pointing out that the reservoir studies suggest that stockpiling oil field estimated the reserves of 854 million barrels estimated at 219 million barrels would qualify as a production field at a rate of 20 to 30 thousand barrels per day after the completion of development operations . sa
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