IRAN 

Hengam Phase 1 Completion Will Take Capacity To 30,000 B/D

The Managing Director of the Iranian Offshore Oil Company (IOOC), Mahmoud Zirakchianzadeh announced that the completion of a fourth well shortly in Hengam gas/condensate field will complete Phase 1 of the field’s development, bringing liquids production capacity to 30,000 b/d. He said the field currently produces 22,000 b/d of 43.5° API condensate, compared with an initial output of 10,000 b/d when production...