North Yaran

The North Yaran field development is the first completely Iranian buy-back project which is planned to produce 30,000 barrels per day of crude oil in second half of this year. Buyback contract is a bilateral contract. Rights and obligations related to the sale of equipment and Technology in the initial contract and the obligations arising from the use of equipment related to sales of the product obtained above buyback will be included in the contract. According to public relations of ministry of petroleum, April performance report of the project indicates…

Client: Petroleum Engineering & Development Company (PEDEC) Description: All activities of consulting engineering including consulting services monitoring of subsurface administration have been handed to the OEID.  North Yaran oil field is located in 130 km southwest of Ahwaz and in the west of south Azadegan's field in the Iraq's central bar. The project development of field by drilling 20 wells with goal to produce 30 thousand barrels of oil from the reservoir of Sarvak is done.