Yadavaran oil output to rise by 42,000 bpd

Iran’s plan to increase oil production from Yadavaran joint field aimed at increasing crude extraction of 42,000 barrels per day (bpd) kicked off on Wednesday with a total investment of $350 million.
The Iranian Oil Ministry will dig a sum of 24 wells in the oilfield, according to the development plan in West Karoun, Shana reported on Wednesday.
West Karoun region is home to nine oilfields, out of which six, including Azadegan and Yadavaran, are shared with Iraq.
Iran’s priority is to develop jointly-owned oil and gas fields which are being dried out by Iran’s neighbors, including Yaran, Azadegan and Yadavaran.
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