Gas Production Increases at Phase 13 of South Pars Field in Southern Iran
Massoudi underlined the important role of the South Pars joint field in meeting a large portion of the country’s energy demand.
He noted that comprehensive and coordinated plans, involving complex mechanisms, are underway to sustain and increase gas production capacity from the South Pars field.
Massoudi emphasized the necessity of accelerating the development of this joint field to achieve the goals set by the Ministry of Oil and the National Iranian Oil Company (NIOC).
He noted that completing the remaining offshore and onshore projects, finalizing 35-month plans, and implementing strategic projects like drilling 35 in-field wells and pressure boosting initiatives will help maintain and increase gas production capacity.
Reports said in October that over $80 billion has been invested in plans and projects since the establishment of the South Pars Oil and Gas Company (POGC) in 1998 to develop the shared South Pars gas field.
“The most important asset of the company is the massive accumulation of project management knowledge in it, and we hope to use it to overcome the challenges facing projects and adequately meet the country’s gas needs,” said Masoudi at the time.
The South Pars gas field (known as the North Dome on the Qatari side) is one of the largest gas fields in the world. It is located 100 kilometers off the southern coast of Iran in the Persian Gulf and is shared between Iran and Qatar. The field covers an area of 9,700 square kilometers.
Estimates indicate that the shared South Pars gas field contains 14.2 trillion cubic meters of gas in place (equivalent to 8% of the world’s total gas reserves and 47% of Iran’s known gas reserves) and 19 billion barrels of condensates. The field also holds 7.5 billion barrels of crude oil in its oil layers and is endowed with the world’s largest helium source, giving it a unique position in the country’s economy.
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