Page 13 - MEOG Week 08 2021

MEOG PROJECTS & COMPANIES MEOG

Iran anticipates Khesht

kick-off in the next year

IRAN THE Iranian Central Oil Fields Co. (ICOFC) Saadatabad oilfields to 30,000 bpd.
announced last week that the first phase of During a recent visit to Khesht, the head of
production at the Khesht oilfield on the bor- the Iranian Parliament’s Energy Committee,
der of Iran’s Fars and Bushehr Provinces will Fereydoun Abbasi, said that the project had
be launched by the end of September. ICOFC reached 90% completion, adding that once the
is a subsidiary of the National Iranian Oil Co. upstream development had been finalised, plans
(NIOC). are in place to construct a small refinery to con-
Speaking to official oil and gas media outlet vert the field’s output into refined products for
Shana, Ramin Hatami, the company’s manag- local consumption.
ing director, said that production would reach
20,000 barrels per day (bpd) during the first half Gas storage
of the upcoming Iranian calendar year, which In related news, ICOFC also announced last
begins in March. week that gas reproduction capacity from its
Hatami said: “The early phase of the field Sarajeh underground gas storage (UGS) facility
will be operational in the first half of next year near Qom had risen by 17% since March 2020
with the launch of three wells, and the produced compared to the previous Iranian calendar year.
oil will be sent to Nargesi Centre via a 10-inch The company’s production director, Ahmad
[254-mm] pipeline.” He added that a total of five Rajabi, said that 1.01bn cubic metres of gas has
wells would be required to complete the field’s been reproduced from storage in the last 11
development. months.
Khesht is being developed by ICOFC subsid- Sarajeh is one of Iran’s two main gas stor-
iary South Zagros Oil and Gas Production Co., a age facilities, the other being Shourijeh in the
company based in Shiraz. north-eastern province of Khorasan Razavi, 124
Meanwhile, the ICOFC website lists achiev- km south of Tehran. In mid-2020, the National
ing 30,000 bpd of output at Khesht and develop- Iranian South Oil Co. (NISOC) said that com-
ment of “transmission to Gonaveh manifold for bined reproduction from the two sites increased
export” as one of the company’s active projects. by 33% during the March 2019-March 2020 cal-
Qeshm Oil and Energy Industries Devel- endar year compared to the one prior.
opment Co. (OEID) previously carried out As Iran nears completion of the final offshore
extensive contracting work at Khesht includ- and onshore phases of the supergiant South Pars
ing shooting 2D and 3D seismic, studies for gas field, Iran’s portion of the world’s largest gas
improved and enhanced oil recovery (IOR/ deposit, Tehran has prioritised the expansion of
EOR), well workovers and the construction of its gas storage network.
pipelines connecting the field to the Nargesi Production from the 23 operational offshore
central processing facility (CPF) and the Shiraz phases was reported by Oil Minister Bijan Zan-
refinery. ganeh in September to have reached 700mn
This also included work to enable the cubic metres per day, up from 280mcm per day
expansion of production at the Sarvestan and in 2013.™

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