Possible new gas field discovered in northeast Iran

Iran Materials 14 January 2012 13:12 (UTC +04:00)

Azerbaijan, Baku, Jan. 14 /Trend M. Moezzi/

Iran may have discovered a new natural gas field in its northeastern Golestan Province, Mehr news agency reported an oil ministry official as saying.

The National Iranian Oil Company (NIOC) began drilling an exploration well around the town of Koran after exploratory studies showed a possible natural gas field, said Seyed Mahmoud Mohades the ministry's director of exploration.

Work on studying the Golestan Province's oil and gas resources has sped up on orders from the NIOC's director, Rostam Ghasemi.

The possible discovery of the gas field follows Iran's discovery of a huge natural gas field in Caspian Sea waters. The Sardar Jangal field has the potential to hold 50 trillion cubic feet of natural gas. Preliminary studies show the Sardar Jangal field holds significant oil reserves in addition to its gas and gas condensate resources.

The semi-submersible Amirkabir drilling platform, one of Iran's most advanced, is being used in the Sardar Jangal field.