Page 9 - MEOG Week 46 2022

MEOG PROJECTS & COMPANIES MEOG

POGC to drill more wells at South Pars

IRAN IRAN’S state-owned Pars Oil and Gas Co. produce 700mn cubic metres per day at present
(POGC) said this week that it is planning to drill of Iran’s 1bn cubic metre per day total. Tehran is
35 new wells to support efforts to maintain and aiming to raise output from South Pars to 1 bcm
expand gas production from the South Pars gas per day as quickly as possible but requires signif-
field. Speaking to the Ministry of Petroleum’s icant investment to maintain and add to produc-
(MoP) Shana news agency, Shobeir Nabavi, tion. An additional 50,000 barrels per day (bpd)
POGC’s deputy head of Reservoir Operations of crude are produced from the field’s oil layer.
Engineering, said the company has obtained the Capacity at South Pars is seen growing to 730
necessary permits from the ministry to spud 35 mcm per day once Phase 11 is commissioned.
new wells at the field within the next two or three In September, the state-owned South Pars
years. Gas Co. (SGPC) said that production from the
He added that the number of drilled and field ran at 614.7mn cubic metres per day during
completed wells at South Pars stands at 341, 308 the first five months of the Iranian calendar year
of which are currently operational. (March-August).
POGC, which is a subsidiary of the National Meanwhile, Nabavi said that POGC is
Iranian Oil Co. (NIOC), holds ultimate respon- focused on maintaining output from South Pars
sibility for the development of South Pars, with while developing other gas fields including Kish,
fellow NIOC affiliate Petropars carrying out North Pars, Bilal, Golshan, Ferdowsi, Farzad A
jobs on the surface and subsurface. IOEC is also and B, and also the South Pars Oil Layer.
a subsidiary of NIOC. He added that pressure from the Kangan and
A year ago, POGC’s head of oil and gas engi- Dalan layers of the South Pars reservoir, located
neering, Ali Akbar Majed, said that the company at a depth of 3,000 metres, “has decreased from
had begun drilling an appraisal well in the north- about 5,200 psi to 3,500 psi during the 20 years
ern area of the field. “This well is aimed at deter- of exploitation of this field.”
mining the extent of expansion of South Pars gas Iran is home to around 34 trillion cubic
field in the north side of the field and evaluating metres of proved natural gas reserves, with the
the potential of uncharted areas of this section supergiant South Pars accounting for around 14
for development,” he said. tcm as well as 18bn barrels of gas condensates.
The drilling work is being carried out by Ira- The Islamic republic holds a 3,700-square km
nian Offshore Engineering and Construction portion of the 9,700-square km deposit that is
Co. (IOEC) under POGC’s supervision. shared with Qatar, where it is known as the North
The overall South Pars development includes Dome field. Around 80% of the field’s initial gas
37 platforms across the field’s 24 phases to reserves are believed to remain in place.™

Week 46 16•November•2022 www. NEWSBASE .com P9