9024
SP Phase 12 Needs New Platform
Energy

SP Phase 12 Needs New Platform

Industry experts expect that further pressure reductions of the South Pars Phase 12 reservoir in the coming years will reach full production from present platforms, indicating the need for a new platform on the giant gas field.
The reservoir's pressure was a lot higher when the first contract for development of the phase was signed nine years ago. Qatar's excessive gas extraction from the field has reduced the field's pressure to a great extent, according to a report published by Tasnim news agency on Wednesday.
Further lowering of the pressure will affect production from the three currently operating platforms, and thus construction of a fourth platform is being planned, the report quoted a group of engineers working on the project as saying.
Phase 12 has three platforms of which platform A and B are currently producing 56.6 mcm/d. Platform C is due commissioning by February. Once fully operational, Phase 12 will have 75 mcm/d of sweet gas to pump into the national gas network.  Installation of a fourth platform will also increase extraction capacity of the field, by presenting additional potentials currently obscured in underlying layers, the report said.
With a physical progress of 96 percent so far, phase 12 is one of the several phases of the South Pars gas field prioritized for production of gas and other products. The onshore and offshore sections and the drilling of the phase have recorded progress of 97, 99, and 93 percent, respectively.
Phase 12 is South Pars’ biggest phase in terms of the volume of activities as well as investment and production level. The field is estimated to contain 14 trillion cubic meters of gas and 18 billion barrels of gas condensates.
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.

 

Short URL : http://goo.gl/eTs3IG

You can also read ...

China Rejects US Sanctions, Vows to Continue Iran Crude Purchase
As the US and Iran continue to trade barbs over the...
India Vying for US Waiver
India, the second biggest crude customer of Iran, may cut its...
Venezuela Braces for Pricey Gasoline
Gasoline prices in Venezuela will soon catch up with world...
Zanganeh to Attend OPEC, Non-OPEC Committee Meeting
Iran's Oil Minister Bijan Namdar Zanganeh will attend a...
S. Korea Iran Crude Imports Up 15%
South Korea’s imports of Iranian crude rose around 15% in July...
Indonesia Cuts Oil Imports
Indonesia’s PT Pertamina will get an extra 225,000 barrels per...
UK's Quercus Halts Iran Renewable Project
British renewable energy investor Quercus said it will halt...
NPC Not Worried About Exports
The National Petrochemical Company is not concerned about...

Trending

Googleplus