Average gas output from South Pars wells reach 102 mm cfpd

Mar 16, 2014 12:00 AM

Average gas production from 30 wells in Iran's South Pars gas field has reached 102 mm cfpd from 72 mm cfpd, a senior official was quoted as saying.

Ali-Akbar Shabanpour, managing-director of Pars Oil and Gas Company, said 30 wells have so far undergone acidizing and perforation operations in South Pars which Iran shares with Qatar, Shana news agency reported.

He added that production from some wells has even doubled.

The gas field, located in the Persian Gulf is shared by Iran and Qatar. Iran calls it South Pars gas field and Qatar has named it North Dome field.

According to the International Energy Agency (IEA), the field holds an estimated 1,800 trillion cubic feet (51 trillion cubic metres) of in-situ natural gas and some 50 billion barrels (7.9 billion cubic metres) of natural gas condensates.

Iran is working at a great speed to develop its giant South Pars natural gas field, amid hopes of relief from sanctions.

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