Phase 1 drilling under way on South Pars

Offshore staff

TEHRAN, Iran – Development drilling has started at the offshore section of Phase 1 of the South Pars gas field development in the Persian Gulf.

South Pars Oil and Gas Co. will drill the four planned wells within 280 days, according to an official of National Iranian Drilling Co. (NIOC).

Currently, Iran produces 300 MMcm/d (11 bcf/d) of gas from South Pars. Three new phases to be launched in 2013, phases 12, 15 and 16, are estimated to add 150 MMcm/d (5.3 bcf/d), said Ahmad Qalebani, managing director of NIOC.

4/15/2013

South Pars Phase 1

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...