TEHRAN (Dispatches) – Iran's overall crude oil production from Yadavaran oilfield, shared with Iraq, has reached 100 million barrels.
Hadi Nazarpour, operator of the field's development project at the Petroleum Engineering and Development Company (PEDEC), said the field was developed for production of 85,000 b/d of crude but it is currently supplying 112,000 b/d.
He said production rate of the field stands at 15% for light crude and 6 to 7% for heavy crude.
With 34 billion barrels of in-place crude oil the field is regarded as one of Iran's biggest oil reserves.
The field was officially launched on November 13 216.