Iran’s South Yaran Oilfield plans to drill 22 wells by March 2016, a top official said, adding that up to 60,000 bpd of crude oil is expected to be recovered from the field's Sarvak layer once the wells are drilled.

A number of appraisal wells have been drilled at the field, based on which development fields will be spudded, operator Homayoun Kazemeini was quoted as saying by Iran Daily, which cited Shana.

Drilling in South Azadegan and Yaran fields is 50 per cent complete, Mohammadreza Takayedi, deputy head of National Iranian Drilling Company (NIDC) was quoted as saying in May.

Takayedi added that NIDC is expected to see the number of its onshore and offshore drilling rigs exceed 70 in the year to mid-March. – TradeArabia News Service