Iran has started pumping oil at a giant new reservoir at the offshore Abuzar oilfield in the Gulf, Iran’s oil ministry news service Shana reported on Tuesday. The Iranian Offshore Oil Company (IOOC) announced it had achieved first oil from the Asmari reservoir of Abuzar oilfield, which is located southwest of the Kharg Island in the Persian Gulf. The Asmari reservoir could produce between 6,000 bpd and 10,000 bpd of crude oil, with the drilling of five to eight wells, Javad Rostami, Head of Petroleum Engineering at IOOC, said. The development of the Abuzar oilfield has so far focused on the Ghar, Bergen, and Dammam reservoirs, Rostami added. According to Tehran Times , a total of 107 oil wells have been drilled at the Abuzar oilfield so far, of which 90 wells are still in operation. The remaining wells are either offline due to technical issues or have been […]