Caretaker of the South Azadegan Development Project Touraj Dehqani said the field is being developed for early production of 110,000 barrels of crude oil per day which will hopefully be realized early next calendar year.
The field is being developed in two phases. In its first phase of development, South Azadegan will be producing 320,000 b/d of oil and 197 mcf/d of gas. In the second phase, oil production will rise to 600,000 b/d.
China’s CNPCI was initially in charge of South Azadegan, but Iran cancelled its contract after the Chinese company failed to fulfill its obligations.
Development of South Azadegan field requires drilling of 40 wells by NIDC, 40 wells by National Iranian South Oil Company (NISOC) and 20 others by a private company.