News ID: 204814
Published: 0424 GMT November 22, 2017

NIOC mulling Polish proposal on oilfield development

NIOC mulling Polish proposal on oilfield development

National Iranian Oil Company (NIOC) is reviewing a proposal from a Polish company to develop Sumar oilfield in western Iran.

jkThe plan to develop Sumar oilfield has been proposed by Poland's PGNiG company, IRNA reported.

The plan was discussed in a session attended by NIOC's Director for Combined Planning Karim Zobeidi, members of the consultative commission of reserves management and a number of related experts.

Sumar oilfield is located in the proximity of the Iran-Iraq border in the western province of Kermanshah. The proposal is based on two-dimensional model seismology data and includes a production well.

Asmari formation, a major oil reserve in Iran mainly composed of carbonate entities, in the oilfield has the capacity to produce up to 3,800 barrels of oil per day.

Discussing the international proposals, however, does not mean that the development of the fields are assigned to the proposing companies.

The Iranian government is prioritizing the development of joint oil and gas fields shared with neighboring countries.

Resource: IRNA
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