TEHRAN- South Azadegan oilfield is located 80 kilometers west of Ahvaz (the capital city of Irans southwestern Khuzestan province), near the Iraqi border.
The oil reserves in this field are estimated to be around 25.34 billion barrels, and the recoverable oil is approximated to be around 1.7 billion barrels, taking into consideration the recovery element of 6.6 percent.The advancement procedure of the South Azadegan oilfield is performed in the type of two development phases, that according to the targeting, the production in this field is supposed to reach 600,000 barrels per day.South Azadegan is among the five major oilfields Iran shares with Iraq at the western part of Irans Karoun area, called West Karoun fields.West Karoun holds terrific value for the countrys oil industry because according to the most recent research studies, its in-situ deposit is estimated to be 67 billion barrels containing both light and heavy crude oils, and therefore it could have a big impact on Irans oil output boosts in the future.Having an approximated 67 billion barrels of in-situ oil, West Karoun fields absolutely deserve the spotlight which has actually been placed on them recently.Through taking some major steps, such as supply of the primary devices, the development procedure of South Azadegan oilfield has actually been sped up over the previous year.In early July, 2022, National Iranian Oil Company (NIOC) signed a memorandum of understanding (MOU) with the nations major expedition and production companies, public and personal banks, and banks for the development of Azadegan oil field.Based on the MOU which was signed by NIOC Head Mohsen Khojasteh-Mehr and supervisors of the banks and domestic expedition and production business, seven billion dollars will be bought the fields advancement project to increase its production capability to 570,000 barrels each day.
With an investment of nearly seven billion dollars, the production capacity of this field will reach 220,000 barrels daily in the second year of its development, and will reach 570,000 barrels of oil each day in the next 7 years, Oil Minister Javad Oji told the national television at the time.And in late August, Managing Director of Petropars Company Shamseddin Mousavi stated the construction of South Azadegan oil fields flowlines has actually reached 10 percent physical development.
The contractor for the building and construction and commissioning of the fields wellhead facilities and flowlines has actually started the deal with the job which has advanced about 10 percent so far, Mousavi said.He stated all the required equipment utilized in the task consisting of HIPP and Wellhead Control Panel are going to be manufactured by domestic business and Petropars is presently negotiating with some producers in this regard.Mousavi even more noted that negotiations are likewise underway with domestic business for the cladding and finish of high-pressure pipes in this project, and highlighted that Petropars is identified to satisfy its dedication to early production in this field.Al these procedures led to the boost in the oil production from this field over the previous year, as the managing director of Petroleum Engineering and Development Company (PEDEC), which is in charge of establishing the West Karoun oilfields, has actually revealed that day-to-day production of oil from South Azadegan has actually increased by 45,000 barrels over the past year.Abouzar Sharifi said with putting 36 wells into operation in South Azadegan field, the daily production capability of this joint field increased by 45,000 barrels.With the application of 120 km in the flowlines area and 25 km in the oil transfer pipelines area, the mechanical completion of five manifolds, along with the start of operation of 2 manifolds in the previous one year, the advancement of this field has sped up and in the future the goals of the advancement plan of the first stage of South Azadegan will be recognized, he stated.Declaring that the main obstacle in the advancement of the field was the supply of the needed standard products, he added that with a great deal of follow-ups, this business has actually managed to provide 200 km of pipes, as one of the most important events in this sector was the construction of the sour service flowline by HFW technique entirely domestically and for the first time in the nation.