INDICES
  • Samba 65 00% 56.65%
    Joga2002 635.254 50% 63.63%
    Bra52 69 23.145% -63.25%
    Joga2002 635.254 50% 63.63%
  • HangSang20 370 400% -20%
    NasDaq4 33 00% 36%
    S&P5002 60 50% 10%
    HangSang20 370 400% -20%
    Dow17 56.23 41.89% -2.635%
-

EghtesadOnline: Marun Oil and Gas Production Company said it has fully implemented its crude oil production plan in the first quarter of the current Iranian year (started March 21).

“With the production of over 563,000 barrels of oil per day on average, the company has executed its production plan by 101% in the first quarter,” Jahangir Pourhang was quoted as saying by Shana, the Oil Ministry’s official news agency.

Maroun, Koupal and Shadegan, all in Khuzestan Province, are the main oilfields operated by MOGPC, which is a subsidiary of National Iranian South Oil Company.

Pourhang added that in the same period, more than 60,600 barrels of effluents, produced in desalination units, have been injected daily into disposal wells to help preserve the environment. Referring to the use of mobile oil treatment and separation devices in the company, he noted that by employing the machinery, the company recycled 34,475 barrels of oil in three months, Financial Tribune reported.

While Mobile Oil Treater is a device for eliminating acid, gas, water, salt, sand and silt from crude oil and pumping it to the pipeline during the drilling, repairing, acidizing and testing of oil wells, Mobile Oil Separator is a pressure vessel used for separating well fluids produced from oil and gas wells.

Pourhang underlined MOGPC’s cooperation with domestic parts manufacturers, saying it has commissioned Iranian firms to build 1,179 parts used in process machinery, which cost 8 billion rials ($190,000). “To protect transfer pipelines and the company’s installations, over 12,500 equipment and facilities were inspected technically, up 68.5% compared to that of last fiscal’s corresponding period,” he said.

Stressing that sustainable oil production while observing environmental necessities is the company’s main goal, Pourhang expressed optimism that the company would produce as per the plans until the end of the current fiscal year despite the persistent heat waves and economic constraints.

Iran is pumping more than 3.8 million barrels per day and its oil exports stood at 2.3 mbpd during the first four months of the current fiscal year that started on March 21, higher than its average volume in the last fiscal year.

 
Crude oil production MOGPC Oil Capacity Marun Oil and Gas Company