Addressing a gathering of the company's senior executives, Gholamhussein Montazeri said the company has also produced 18.5 million barrels of gas condensate and over 2 million barrels of crude oil during the year.  

He said the company managed to supply 2.5 million cubic meters of gas beyond its planned production for the current calendar year.

South Zagros Oil and Gas Production Company is one of the three subsidiaries of Iranian Central Oil Fields Company (ICOFC). It produces 235 mcm/d of gas, which is nearly 40 percent of the country’s total output.

The company operates eleven oil and gas fields located in five regions: Nar and Kangan, Aghar and Dalan, Parsian, South Sorkhoun and Gashou, Sarvestan and Saadatabad. The eleven fields include Aghar, Dalan, Nar, Kangan, Tabnak, Sorkhoun, Homa, Varavi, Shanoul, Sarvestan and Saadatadab fields in Fars, Bushehr and Hormuzgan provinces.

Meanwhile, development of Khesht oil field located near the city of Kazeroun in Fars province started in 2007 and the field is expected to start production soon. Development of Dey and Sepid Zakhour gas fields in Fars province is also under way. South Zagros Company is based in Shiraz.