Energy
0

NIOC Discovers Hydrocarbon Reserves With Aeromagnetic Surveys

NIOC Discovers Hydrocarbon Reserves With Aeromagnetic Surveys
NIOC Discovers Hydrocarbon Reserves With Aeromagnetic Surveys

The National Iranian Oil Company has discovered hydrocarbon reserves in the southwest with the help of aeromagnetic surveys (AMS) conducted by domestic knowledge-based firms, the head of NIOC’s Exploration Department said.
“Early aeromagnetic studies show that the new reserves hold close to 16 billion barrels of oil in the Zagros area of western Iran,” Mehdi Fakour was also quoted as saying by IRNA.
“Instead of seismic discovery methods, NIOC employs magnetic methods that are faster and more precise,” he said, adding that as they are responsive to lateral variations in rock properties and gravity, magnetic methods are best suited for detecting steep discontinuities such as faults. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com