Nazarpour told Shana that the production is 30,000 barrels well beyond the target set for the first phase.
He noted that based on the schedule, oil production from the field should have reached 85,000 barrels per day.
The Sinopec had undertaken the project for development of the first phase of Yadavaran field on a buy-back contract in order for production of 85,000 barrels of oil per day.
Nazarpour said aggregated production from the field has reached 65 million barrels.
Once the second phase of the project is on stream, the ceiling of production from the field will reach 180,000 barrels per day while reaching 300,000 barrels per day once the third phase is well completed.
The field’s in-situ reserves are expected to be 31 billion barrels.
Yadavaran field is 10 kms southeast of Azadegan field and about 70 kms southwest of Ahvaz and north of Khorramshahr. It is a field common with Iraq.