Page 45 - IRANRptSep20

9.0​ Industry & Sectors 9.1 ​Sector news
9.1.1​ Oil & gas sector news
Gas condensate production at the South Pars field in Iran has increased by 87% since 2013
Output increases at North Yaran
Production of gas condensate at the South Pars oil and gas condensate field in Iran has increased by 87% since 2013, IRNA reported on August 26.
The entirety of South Pars in the Persian Gulf, shared by Iran and Qatar, is thought to make up the largest gas field in the world. However, the development of the field in Iranian waters has been hampered by US sanctions imposed on Tehran. In August 2018, sanctions put an end to French energy major Total’s planned participation in South Pars hydrocarbon extraction. Managing director of South Pars Gas Co. (SPGC) Hadi Hashemzadeh-Farhang made the announcement as the country continues to double down on development of the Persian Gulf site.
"With the launch of the Star of the Gulf gas condensate processing plant with a capacity of 360 thousand barrels per day [bpd], the production of gas condensate in the country in 2020 increased by 87% compared to 2013," Hashemzadeh-Farhang said, IRNA reported.
He also said that sulphur production at SPGC has also risen over the past year. "Sulphur production in Iran has increased by 99%," he said, without stating the period of growth.
Natural gas condensate, also called liquid natural gas, is a mixture of low-density hydrocarbon liquids that are present as gaseous components in natural gas produced in many natural gas fields.
Seven years ago, South Pars' production level for Iran stood at 270mn cubic metres per day but extraction has increased thanks to several fields and the Persian Gulf Star Refinery opening.
Iran’s official energy sector media outlet Shana reported this week that oil production at the North Yaran oilfield had increased by 500 barrels per day (bpd) following the installation of the first Sucker Rod Pump (SRP) in one of the field’s wells.
Shana quoted Petroleum Engineering and Development Co.’s (PEDEC) head of North Yaran development, Mohammad-Ali Ajdari, as saying that the first SRP was installed for a trial operation early in July, following the installation of the first electrical submersible pumps (ESP) last year.
He said: “The performance of the pump was evaluated against the characteristics provided by the manufacturer and considering the production conditions of the reservoir and the well, and the 72-hour test with a flow rate of 750 barrels per day was approved.”
Ajdari noted that the pump is produced locally and has increased output from well 14 by at least 500 bpd, raising well pressure to 370 ppm.
In 1Q 2019, Petroleum Engineering and Development Co. (PEDEC) brought six wells into production at South Yaran, raising output from just over 10,000 bpd to an average of around 15,000 bpd, with some spikes in production to 20,000 bpd.
The original plan for South Yaran involved drilling 30 wells that would allow for up to 60,000 bpd of oil to be produced.
However, PEDEC’s director of development at South Yaran, Homayoon
45​ IRAN Country Report September 2020 www.intellinews.com