In line with plans to augment gas output from the South Pars Gas Field in the Persian Gulf, operations to drill new wells will start in October, the head of Oil and Gas Engineering Department at Pars Oil and Gas Company said.
“POGC, a subsidiary of the National Iranian Oil Company, has conducted comprehensive studies to locate the best area to dig the new wells,” Ali-Akbar Majed was quoted as saying by the Oil Ministry’s news portal.
New wells are expected to make up for pressure reduction in the gas field that will start from 2025 and reduce gas production to as low as 400 million cubic meters in 2032, down 100% compared to the present levels, he added.
The POGC official said close to 350 wells in SP are acidized and perforated regularly to keep production as high as possible, but this cannot continue for long and the drilling of new wells is inevitable.
Add new comment