Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Iran to Boost Oil Output at Shared Hengam Field, Press TV Says

Iran will boost oil output to 30,000 barrels a day at the Hengam field that it shares with Oman after drilling a fourth well at the site, Press TV reported, citing Iranian Offshore Oil Co.’s managing director.

Authorities expect to complete the well within 10 days at Hengam, which currently produces 22,000 barrels a day, Mahmoud Zirakchianzadeh said, according to a report posted on the state-run news channel’s website yesterday.

Iran has invested about $450 million to develop the first phase of the field and has allocated $800 million for both planned phases of the project, Zirakchianzadeh said, without elaborating. Ten wells need to be operational for the field’s full development, he said. The Oil Ministry estimates that Hengam holds more than 700 million barrels of crude and 200 billion cubic feet of natural gas.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.