The Iranian Research Institute of Petroleum Industry (RIPI) announced that it intends to conduct a research projects worth about $142.8 million in various upstream areas including exploration, drilling, production, and enhancing recovery factor of the fields, according to Tehran Times.

The Head of RIPI’s Upstream Industries Research and Development Department, Ezatollah Kazemzadeh, said that RIPI is currently conducting researches for increasing the recovery factor of Ahvaz, Bibi Hakimeh, and Rag Sefid fields.

He added that it is also working on identifying unconventional hydrocarbon reserves in Soroush, Azar, Belal, and Danan fields as well.

Kazemzadeh noted that the first work package for Ahvaz and Bibi Hakimeh fields, which includes recognizing the field, turning field challenges into research topics, and screening recovery enhancement methods, have been completed, and the details of the second and third packages are being prepared to begin the work.