4 Wells Drilled in SP Phase 1

4 Wells Drilled in SP Phase 1
4 Wells Drilled in SP Phase 1

Drilling of 4 wells in Phase One of the South Pars gas field in the Persian Gulf has been completed, director of the drilling operations at the phase said, Shana news agency reported Sunday.

"One delineation well and 4 exploratory wells were drilled at the SPQ1 offshore platform, with the latter at a depth of 4,500 meters," Hamidreza Shafei-Makvand said, underlining the operation as an "unprecedented success."

The wells are ready for extraction and gas will be pumped into SP onshore refineries in the near future, he noted.

A total of 12 wells are planned to be drilled at the SPQ1 platform. Drilling of 8 wells is completed and operations of 4 wells commenced in April 2013.

South Pars is the world's largest gas field, shared between Iran and Qatar, covering an area of 3,700 square kilometers of Iran's territorial waters in the Persian Gulf. It adjoins Qatar’s North Field, which measures 6,000 square kilometers. An average of 26 million cubic meters of natural gas and 40,000 barrels of gas condensate are produced in SP Phase one every day.