Output building at Persian Gulf oil field

Production from the Reshadat oil field in the Persian Gulf should increase by 10,000 b/d over the next few days.

Offshore staff

TEHRAN, Iran – Production from the Reshadat oil field in the Persian Gulf should increase by 10,000 b/d over the next few days.

Fariborz Edraki, a manager of the project, told Iranian news service Shana that the current reconstruction and development of the field should lift output to 17,000 b/d, rising to 35,000 b/d by next March.

By 2015, production should plateau at 70,000 b/d.

Reshadat’s oil is exported through a 105-km (65-mi) long, 16-in. (40.6-cm) pipeline to Lavan Island.

The field, formerly names Rostam, was discovered in 1965. It was originally developed by Iranian-Italian company IMINICO, and came on stream in 1968.

10/18/2011

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