NEWS
Gas  

Developing new fields necessary to meet Iran’s gas needs: POGC head

Managing Director of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s giant South Pars gas field in the Persian Gulf, says the reserve can supply 75 percent of the country’s natural gas needs for the next 25 years if other fields in the Persian Gulf are developed as well.

According to Mohammad Meshkinfam, although the reduction of recovery factor in the South Pars reservoir is not noticeable at the moment, in the next five years, it will reach a point where this reduction will be significant, Shana reported on Saturday.

Mentioning the latest progress in the field’s Phase 11 development project Meshkinfam said: "The development plan of Phase 11 is being implemented with a focus on the southern platform located near Iran and Qatar border."

“To accelerate the development project, Phase 11 Development Plan is designed based on the maximum utilization of existing facilities”, he mentioned.

The official noted that the installation of the wellhead jacket of phase 11, which was loaded from the yard of Naft Sazeh Qeshm (NSQ) earlier this month, will be completed within a month, and immediately after the installation drilling rig will be placed on the jacket and drilling operations will begin.

He further mentioned the platform C of phase 12 nearing its end and noted that since the gas pressure in this platform has reduced significantly the extraction operations will be finished in the beginning of the next Iranian calendar year (March 2021) and the platform will be relocated to the phase 11.

In an interview in August 2019, Meshkinfam had said that the recovery factor of some phases in the field have started to fall.

The official had stressed that within the next three or four years if Iran does not come up with a plan for managing the situation, the decrease in the field’s production pressure will be as big as the total capacity of a phase (56 million cubic meters) per day.

South Pars is the world’s largest gas field, covering an area of 3,700 square kilometers of Iran’s territorial waters in the Persian Gulf.

The giant field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate. The field is divided into 24 standard phases.

News No: 9524
Date: 2020/05/17 - 20:03
News Source: TehranTimes

South Pars gas field  Oil and Gas Company  POGC 

Comments:

Leave a Comment:

   
   
   
 

South Pars daily gas production at 700 mcm

The daily production of gas in Iran’s South Pars gas field has reached 700 million cubic meters (mcm), the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing the field, announced.
 

94% of POGC annual goals realized, says managing director

Managing director of Iran’s Pars Oil and Gas Company, which is in charge of developing the country’s giant South Pars gas field in the Persian Gulf, has said that 94 percent of the company’s development plans for the previous Iranian calendar year (ended on March 19) has been realized, Shana reported.
 

SP phase 13 transmission pipelines ready to go operational

The gas transmission pipelines of South Pars gas field’s 13A and 13C platforms have become ready to transmit gas from these platforms to the refinery on the coast.
 

IOEC starts constructing Iran’s longest underwater gas pipeline

Iranian Offshore Engineering and Construction Company (IOEC) has started the construction of the country’s longest underwater gas transmission pipeline as part of a project to transfer gas to Kish Island power plants, IRIB reported.
 

Over $1b invested to build 4 petchem parks across Iran

Managing Director of Iranian Investment Petrochemical Group (IIPG) says nearly 44 trillion rials (about $1.04 billion) has been invested to construct four petrochemical parks across the country.
 

95% of population in Iran supplied with natural gas

The managing director of National Iranian Gas Company (NIGC) says that the national gas transferring network covers 95 percent of the country’s population, IRNA reported.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners