Oil Price- Iran has announced the launch of production at the North Yaran field, which it shares with Iraq, after years of delay. The development manager of the field, Arash Baqerzadeh, said that initial output will be 30,000 bpd. The North Yaran field is one of five that Iran shares with Iraq. These fields have taken priority for Tehran in a bid ...

TEHRAN, Nov. 11 (Shana) Operator the development projects of North Yaran Oilfield said 30,000 barrels of crude oil per day will be added to the field's output by mid-2016. Speaking with Shana, Arash Bagherzadeh said the development project of the field is 71.6% complete and drilling of its last well will begin next week. He said the oil wells of ...

TEHRAN Jan 06 (Shana)--Production from North Yaran oil field is expected to increase from the current 5,000 b/d to 12,000 or 15,000 b/d by July, an official at Petroleum Engineering and Development Company said. Upon the agreement of National Iranian Oil Company (NIOC), oil production from North Yaran will increase from the current 5,000 b/d to 12,...