Jul 16 2012
|more articles from|
Iran starts drilling in largest joint oil field with Qatar
Iran has already started excavation in largest joint oil filed with Qatar in the Persian Gulf, General Manager of the Pars Oil and Gas Company Musa Souri said here on Monday.
"The excavations of oil wells in the South Pars Oil Field will bear fruit soon; two oil drilling rigs have begun working there and one of them in the joint fields; drillings of these fields have surpassed the depth of 1,500 meters inside the earth; in the meantime, the design, manufacturing and installation of marine constructions in the oil field have started too," he underlined.
While Iran is just extracting 35,000 b/d from the South Pars Oil Field, Qatar is excavating 450,000 b/d, official reports say.
Iran has more than a century of history in exploration and production activities; the first successful exploration well was Masjid Suleiman-1 on May 26, 1908. Since then, based on the latest oil and gas reports, 145 hydrocarbon fields and 297 oil and gas reservoirs have been discovered in Iran, with many fields having multiple pay zones. A total of 102 fields are oil and the remaining 43 are gas, and there are 205 oil reservoirs and 92 natural gas reservoirs. According to Iran Energy Balance Sheet (2009, in Persian), 78 of these fields are currently active, with 62 onshore and 16 offshore, leaving 67 fields inactive at present. Some 23 hydrocarbon fields lie in border areas and are shared between Iran and adjacent countries, including Kuwait, Iraq, Qatar, Bahrain, UAE, Saudi Arabia and Turkmenistan.
© Copyright Zawya. All Rights Reserved.
More in Oil & Gas
- College student snares record long Burmese python near Miami
- What's in a name? U.S. starts using Myanmar as well as Burma
- Marijuana waste helps turn pot-eating pigs into tasty pork roast
- Man climbs onto dome of St Peter's to protest Italian politics
- Prague metro plans to launch love train for singles
- There's More