Oil Investing News » Iran’s Azadegan oil field output at 40,000 bpd

Iran's Azadegan oil field output at 40,000 bpd

February 3, 2010 @ 1:24 pm In Oil Market News

On Wednesday, it was reported that the daily output at Iran's Azadegan oil field has reached 40,000 barrels per day (bpd) and will soon hit 50,000 bpd.

The press release is quoted as saying:

"The daily output of the Azadegan oil field reached 40,000 barrels following an increase of 13,000 barrels after the completion of seven new wells," Jashnsaz, who also heads the state National Iranian Oil Company (NIOC), told the semi-official Mehr News Agency.

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://uk.reuters.com/article/idUKDAH32146520100203