iran:-south-pars-boost

Iran: South Pars Boost

15 Nov 2024 Issue: 67 / 46 By: Yesar Al-Maleki

Pars Oil and Gas Co (POGC), which oversees the development of Iran’s giant 750mn m3/d (26.5bn cfd)-capacity South Pars offshore gas field, on 10 November tied-in a new well at the field’s Phase 11 development. This brings the number of wells at South Pars’ most complex phase to seven. Ali Nadiran, Phase 11 manager at lead contractor Petropars says that “once [the well] enters production” it will raise output from 15mn m3/d (530mn cfd) to 18mn m3/d (636mn cfd). He gave no timeline. Phase 11, which started up last year, ultimately targets 28mn m3/d (989mn cfd) ‘first stage’ output from 12 wells (MEES, 27 September). Iran relies on South Pars to provide 90% of its gas supplies which are increasingly stretched (MEES, 15 November).

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