Middle East Economic Survey

VOL. L

No 28

16-July-2007

IRAN

NIOC Begins Production From Azadegan Oilfield

The National Iranian Oil Company (NIOC) has announced first commercial output from the Azadegan oilfield, in an early production scheme that will utilize six wells drilled during the exploration of the field. The Ministry of Petroleums PIN news service announced on 8 July that the first Azadegan well had become operational at a rate of 3,000 b/d. The well was completed to a depth of 2,700ms, and...