Iran: POGC Inks Drilling Contract for South Pars

POGC Inks Drilling Contract for South Pars

Pars Oil & Gas Company (POGC) signed a contract with Global Petro Tech Company on drilling two descriptive-production wells to examine output potentials of the South Pars gas field’s oil layer on January 2 2012) at Petroleum Ministry building in the presence of Iranian petroleum minister, Rostam Ghasemi, and managing director of National Iranian Oil Company (NIOC) Ahmad Ghalehbani.

‘Under the agreement, worth $182 million , the company will do 6,000 meters of horizontal drilling over 470 days in A1, B and C zones of South Pars’, POGC’s managing director said.

According to the official, development model of the reservoir and master development plan (MDP) of the oil layer would be determined following the completion of drilling descriptive wells.

According the latest surveys, Iran’s share in blocks A, B and C of the oil layer of the field is estimated at 7.5 billion barrels. South pars as one of the biggest gas fields in the world is located in Persian Gulf waters and covers an area approximately 9700 square kilometers.

Offshore Energy Today Staff, January 4, 2012; Image: South Pars

 

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 1 2 3 4 5

Ocean Business 2017

Ocean Business 2015 was phenomenally successful, with visitor numbers up an incredible 29%. The overall attendance was a staggering 4,589…

read more >

AOG 2017

The Forum will begin directly after the SUT Subsea Controls DownUnder Conference, drawing a wider audience for our suppliers.This event…

read more >

SNS2017 – The Southern North Sea Conference & Exhibition

EEEGR’s flagship Southern North Sea conference is the most important event for the energy sector in the East of England…

read more >

CERAWeek 2017

CERAWeek by IHS Markit is the premier annual international gathering of energy industry leaders, experts, government officials…

read more >

Jobs>

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply

Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

apply