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Article: IRAN: BALAL OIL FIELD - OUTLOOK.(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- May 11, 2004
CopyrightCOPYRIGHT 2004 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to "Tehran Times", Balal Oil Field holds 293 million barrels of crude with around 117 million recoverable barrels, the managing-director of the National Iranian Oil Company announced. Mehdi Mirmoezzi said that the oil field will start production next week. The oil field is predicted to yield more than three billion dollars in revenues in fourteen years. The development project for Balal was awarded to the French giant Total under buy-back ...
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Article: BALAL OIL FIELD DEVELOPMENT PROJECT TO BE ...
Info-Prod Research (Middle East);
April 19, 2004 ;
351 words
...According to "Tehran Times", the development project for Balal oil field would be officially launched in May. The field is currently operating at full capacity and has produced more than 13m barrels ...
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