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Iran boosts drilling operations at phase 19th of South Pars gas field

Business Materials 28 October 2014 14:27 (UTC +04:00)

Baku, Azerbaijan, Oct.28

By Fatih Karimov - Trend:

Iran has completed drilling first five wells at phase 19th of the South Pars gas field, Iran's Shana news agency reported on October 28.

Mahmoud Javadian, the director of drilling at Petropars Company, said drilling the second set of five wells and the third set of five wells will be completed by the next month and the next three months, respectively.

Currently, two drilling rigs are operating at phase 19th of the gas field, he added.

The phase 19 will probably start early production next year (starts on March 20.), Mehr news agency reported on May 28.

The phase 19 of the South Pars gas field is developed to produce 50 million cubic meters (mcm) of gas, 77,000 barrels of gas condensate, one million tonnes of ethane and 1.1 million tonnes of liquefied natural gas per day.

Iran is currently producing 300 mcm of gas from South Pars per day.

The South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the common border between Iran and Qatar. It is estimated that the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensate.

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