Gulf Oil and Gas accountACCOUNT

Iran Begins Oil Recovery from South Pars Oil Layer

Source: Shana 3/19/2017, Location: Asia

Share |
Iran says it has started pumping oil from the oil layer of South Pars gas field. Deputy Managing Director of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs Gholam-Reza Manouchehri announced the news on Sunday, saying operation of 7 wells at the layer has started and their production will reach full capacity within a maximum of a week.

Operation of the oil layer of the gas field began parallel with the anniversary of nationalization of oil industry in Iran. The official said production from the layer will reach 35,000 barrels per day once its wells are fully operational. Oil recovery from the oil layer of the offshore gas field was made possible after NIOC dispatched a floating production, storage and offloading (FPSO) unit over the layer.

“By the time the FPSO recovers and processes a certain amount of crude oil from the South Pars oil layer, an oil tanker will berth next to it for loading,” said Manouchehri, expressing optimism that the first crude oil consignment from the field will be ready for shipment in a matter of 30 to 45 days.

The Cyrus FPSO unit was dispatched to its designated offshore spot in February.

South Pars, a supergiant gas field Iran shares with Qatar in Persian Gulf waters, is estimated to contain over 14 billion barrels of oil in its oil layer.

Production News in Iran >>

Norway >>  6/21/2017 - Preliminary production figures for May 2017 show an average daily production of 1 980 000 barrels of oil, NGL and condensate, which is a decrease of 1...
Malaysia >>  6/15/2017 - Mr. Shunsaku Miyake, President and CEO of JX Nippon Oil & Gas Exploration Corporation is pleased to announce that its subsidiary JX Nippon Oil & Gas E...

United Kingdom >>  6/15/2017 - Production efficiency (PE) on the UK Continental Shelf (UKCS) has risen for a fourth consecutive year to 73%, according to a new publication released ...
Libya >>  6/13/2017 - Libya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production, a step forward in a contract ...

Libya >>  6/13/2017 - Libya's National Oil Corporation (NOC) and German oil and gas company Wintershall have agreed an interim arrangement to resume production in Libya, th...
Brazil >>  6/12/2017 - Norwegian oil and gas firm Statoil aims to more than triple its production in Brazil and will seek to become operator for the entire Carcara discovery...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

More News

 

Oil & Gas Companies in Iran >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.