Gulf Oil and Gas accountACCOUNT

14 Oil, Gas Fields Discovered in Iran in 4 Years

Source: www.gulfoilandgas.com 5/27/2017, Location: Asia

Share |
A total of 14 oil and gas fields were discovered over the past four years, said the head of exploration department at the National Iranian Oil Company.

“As of 2013 nine gas fields were discovered with total in-place reserves of 1.7 trillion cubic meters, as well as five oilfields containing 6.5 billion barrels of in-place oil,” Seyyed Saleh Hendi was quoted as saying by IRNA on Tuesday.

Elaborating on some of the discoveries, Hendi noted that the gas fields of Pazan in Fars Province, Khar-Tang and Charak in Bushehr and Hormozgan Provinces as well as Yadman and Sepehr oilfields in Khuzestan Province are among the major deposits explored in the period.

He added that in-place gas reserves in Khar-Tang and Charak gas are estimated at 453 billion cubic meters and 481 bcm, respectively.

Projections show that Charak field also has 174 million barrels of gas condensates, Hendi said.

On the geographical location of one of the new oilfields, Hendi said Yadman is located close to the Iraqi border in Khuzestan but is not shared with the western Arab neighbor.

According to the official, the NIOC has conducted joint oil/gas field studies in collaboration with Austria’s OMV, Russia’s Lukoil, University of Barcelona and University of Naples Federico II in Italy.

Iran aims to develop underground hydrocarbon reservoirs using a new type of contract, known as Iran Petroleum Contract, which offer more attractive terms for investment and cooperation. The contracts were unveiled in late 2015 along with some 50 oil and gas development projects.

Exploration News in Iran >>

Equatorial Guinea >>  12/11/2017 - ExxonMobil has struck oil with its Avestruz-1 well in Block EG-06, announced the Ministry of Mines and Hydrocarbons of Equatorial Guinea. The well was...
Morocco >>  12/11/2017 - SDX Energy Inc, the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-16 development well...

China >>  12/10/2017 - China's CNOOC Limited has announced that the Company has recently made a mid-sized natural gas field discovery Bozhong 19-6 in Bohai Bay. Bozhong 19-6...
China >>  12/8/2017 - PetroChina has conducted its first major internal transfer of mining rights between subsidiaries to allow those with mature fields to look for oil and...

Mexico >>  12/8/2017 - Mexico’s oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no comp...
Norway >>  12/8/2017 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and...

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 | 23 |

More News

 

Oil & Gas Companies in Iran >>


Related Links

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