IOOC looking to revive shut-in Siri wells offshore Iran

Offshore staff

TEHRAN, IranIran Offshore Oil Co. (IOOC) plans to revive 18 previously abandoned oil wells in the Siri field in the Persian Gulf, adding nearly 18,000 b/d to its offshore output, according to news service Shana.

An IOOC official Moshtaqali Gohari told Shana proposals for conducting appraisal studies on the projects have been approved by the company’s board. Total anticipated cost is $222 million.

Shana also reported that installation has been completed of platform 19C for the South Pars Phase 19 project. The facility, weighing more than 2,700 tons, took 69 months to complete.

Platform 19C should be fully operational by the end of the current Iranian calendar year to March 20, 2016.

Phase 19 is designed to produce 50 MMcm/d of sweet gas, 75,000 b/d of gas condensate, 400 tons/d of sulfur, 1.05 MMt/yr of liquefied petroleum gas, and 1 MMt/yr of ethane.

Pars Oil and Gas Co. awarded development to a consortium of Petropars Ltd., Petropars Iran, and IOEC in June 2010 under an engineering, procurement, and construction contract.

11/27/2015

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