Page 11 - MEOG Week 07 2022

MEOG PROJECTS & COMPANIES MEOG

Capacity to rise at South Azadegan

IRAN IRAN’S Petroleum Engineering and Develop- PEDEC and the developers”. He added: “We
ment Co. (PEDEC) said this week that produc- expect the development process of the South
tion capacity at the South Azadegan oilfield will Azadegan joint field to be completed within a
increase by 15,000 barrels per day by the end of year.”
next month. However, the timeline for completion is sev-
Speaking to the official Shana energy sector eral months later than envisioned when a con-
media agency on the sidelines of the Ahvaz Oil tract for the work was issued in July 2020.
Industry Exhibition, PEDEC CEO Abouzar At that point, NIOC subsidiaries PEDEC and
Sharifi said: “By the end of the [current Iranian Petropars signed a $1.26bn contract for the first
calendar] year, 15,000 barrels of oil will be added development phase of the field. The upstream
to the production capacity of Azadegan South.” portion of the contract includes drilling 35 wells,
The Iranian year 1401 ends on March 20. installing 50 downhole ESP pumps and complet-
The latest update on the field’s capacity came ing eight manifolds.
in June when Reza Dehghan said that it had The midstream segment includes a 320,000-
reached 140,000 bpd with the North Azadegan bpd central treatment export plant (CTEP),
asset understood to add another 75,000 bpd. two intermediate separation plants, 328 km of
Sharifi added: “During the development flow pipelines, 45 km of communication pipe-
activities, the exploitation of the parts that have lines and 65 km of gas and crude oil transmis-
led to the production is also underway in the sion pipelines running from the CTEP to the
first phase of [South Azadegan], and at the same West Karun Pumping House and the NGL 3200
time, studies of the second phase development facility. 10 of these wells were contracted to the
plan have started on the field.” National Iranian Drilling Co. (NIDC), with
The field’s development project is seen pro- Petropars awarding the final 25 wells to Dana
ducing 320,000 bpd in the first phase by the end Energy and Tadbir Drilling Development Co. a
of the next Iranian calendar year. month earlier.
The second phase is seen adding another The expansion of South Azadegan, like the
280,000 bpd. other fields in the oil-rich West Karoun oil-
NIOC CEO Mohsen Khojastehmehr said field cluster will play an important role in Iran
in January that “delays and shortcomings in increasing its crude oil production capacity from
the development of these fields have been due the current level of around 3.8mn bpd to 5.7mn
to defects in the contracts concluded between bpd by the end of the decade.™

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