A contract to boost oil production at Iran's Salman oilfield by 50,000 bpd of crude and 500 million cubic feet of natural gas from Dalan reservoir is in progress.
According to MNA, Petroiran Development Co., the commissioner of development plans for Salman oilfield, has estimated the total production from this oilfield at more than 39.5 million bpd of crude.
An official in the company recently told the press that development operations would come to an end before the termination of the current Iranian year, falling on March 20, 2005.
In line with the development program, Petroiran is set to conclude the transport of equipment to the site, work-over on the existing well and drilling six new wells before March 20, 2005. (menareport.com)
© 2004 Mena Report (www.menareport.com)
