Interest for Iran Hengam gas-condensate development

May 26, 1997 02:00 AM

May 5, 1997 Iran has attracted interest from European and Australian firms to develop the offshore Hengam (Henjam) gas-condensate field which Iran shares with Oman, an Iranian energy official said. "We are now preparing to call an international tender for development of the (Hengam) oilfield and so far some European and Australian companies have voiced readiness to take part in the tender," said Seyed Jalilian, the director of the offshore division of the National Iranian Oil Company (NIOC).
Hengam, which is owned 80 % by Iran and 20 % by Oman, had gas reserves of 523 bn cm and 120 mmb of oil, Jalilian said. Once developed, Hengam would produce 200-250 mm cm of gas daily and 20-25,000 bpd of "liquefied oil and gas."
Australia's Novus Petroleum Ltd is the operator of the gas-condensate field on the Omani side of Hengam, where production is averaging some 4,000 bpd of condensate, 1,200 bpd of LPG, and 40 mm cfpd (1.1 mm cmpd) of gas.

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