Iran to increase production from offshore Hengam field
A new enhanced recovery project will be inaugurated this week at the Hengam oil field in the Hormoz Strait area, 70 km (43 mi) offshore Iran.
The scheme is designed to raise oil production from the field to 30,000 b/d in the first phase, and an additional 80-160 MMcf/d (2.3-4.5 MMcm/d) of gas later on.
Hengam is between Iran and Oman. In-place oil and gas reserves are estimated at 700 MMbbl and 2 tcf (57 bcm). The crude, at 46° API, is said to be Iran’s lightest.
Iranian Offshore Oil Co. started production in 2010 at 4,000 b/d, following a two-year development.