Iran's South Pars Phase 14 drilling surpasses 70K meters

Oil&Gas Materials 27 March 2015 16:05 (UTC +04:00)

Baku, Azerbaijan, March 27

By Khalid Kazimov - Trend:

Drillings at Phase 14 of Iran's South Pars gas field have amounted to the total of 70,000 meters on 22 wells, SHANA news agency reported March 26.

South Pars Phase 14 Drilling Manager Hamidreza Shafiei Makvand said that the drilling operations which have been carried out on platforms A and C with two drilling rigs have so far made 51 percent progress.

The final drilling will hit 95 thousand meters, he said.

The official pointed out that the drilling is carried out by Pars Oil and Gas Company, which provides the platforms, equipment, engineering expertise, logistics, and other related services.

A total number of 44 wells will be drilled in the phase.

Phase 14 is projected to daily produce 56.5 million cubic meters of gas, 75,000 barrels of gas condensates, and 400,000 metric tons of sulfur. The phase will also produce one million metric tons of liquid fuel and one million metric tons of ethane each year.

South Pars is a joint gas field of Iran and Qatar. The field on the Iranian side holds 14 trillion cubic meters of gas and has been divided into 29 phases, Phases 1 to 8 have been developed completely, Phases 9 and 10 has been operated, but not to full capacity and Phases 11 to 29 are under construction.