• Natural Gas News

    Drilling Operation in South Pars Phase 18 Complete

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Summary

Drilling work in phase 18 of South Pars gas field project has drawn to a close, Shana News Agency said citing Alireza Laiji who oversees well-drilling operations for phases 17 and 18 of the project.

by: shard

Posted in:

Asia/Oceania

Drilling Operation in South Pars Phase 18 Complete

Drilling work in phase 18 of South Pars gas field project has drawn to a close, Shana News Agency said citing Alireza Laiji who oversees well-drilling operations for phases 17 and 18 of the project.

The drilling program started in 2010 and a total of eleven wells were sunk in phase 18, Laiji said. He further added that drilling work in phase 17 is 99 percent complete and will finish in a matter of weeks, reported Shana.

“The completion of this project while [Iran is] under sanctions is a great achievement for the country’s oil industry,” Laiji pointed.

When complete, phases 17 and 18 of South Pars are projected to supply 50 million cubic meters of natural gas, 80 thousand barrels of gaseous condensates and 400 tonnes of sulfur on a daily basis as well as one million ton of ethane annually.

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

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