Binak Oil Field is located in Bushehr province, 20 kilometers northwest of Genaveh County, on the coast of the Persian Gulf. This field is adjacent to Golkhari Oil Field, Bibi Hakimeh Oil Field and Siahmakan Oil Field from the north and Khark Oil Field from the south.
Project start date: 2020
Developer: Petro-Iran Development Company (PEDCO)
Project description:
- Construction of the access road and drilling 6 new wells
- Repairing the access road and repairing the site of 4 existing wells
- Construction of about 20 kilometers of transmission pipelines
- Drilling 6 new wells in Bangestan and Asmari reservoirs
- Workover of 4 existing wells of Bangestan Reservoir
- Construction of 44 kilometers of 8-inch gas pipeline from Binak gas pressure boosting station to Siahmakan gas injection station and 5.2 kilometers of 4-inch pipeline to transfer gaseous liquids from Binak gas pressure boosting station to Binak operation zone
- Construction of a gas concentration train at the Binak collection station with an approximate capacity of 15 mcf/d (to prevent gas flaring)
Project goals: Production enhancement by 12,500 b/d of crude oil