South Pars Phases 6, 7, & 8 Nearing Completion



The last platform in the 6, 7 and 8 Phase of development on the South Pars field has been loaded out, according to a report from a local news source.

The manager of the marine section of this phase of development, Karim Hassan Zadeh, said that the platform installation using the SLB124 barge should take 20 days with ideal weather -- and operational in 45. To date, 10 wells have been drilled in this phase of development.
 
Phases 6, 7 & 8
 
In October 2002, StatoilHydro was awarded operatorship of the offshore upstream portion of Phases 6, 7 and 8, which included the construction and installation of three production platforms, the drilling and hook-up of 30 wells, and the installation of three 32-inch-diameter, 105-kilometer subsea pipelines to shore. These phases encompass a daily production rate of 104 MMscm/d of natural gas.
 
South Pars
 
The largest gas field in the world, South Pars is located on the Iranian border with Qatar in the Persian Gulf (the Qatari side of the field is referred to as the North Field). The whole field spans 9,700 square kilometers, and the Iranian section, South Pars covers 3,700 square kilometers. Recoverable reserves in South Pars are estimated at 14 trillion cubic meters of natural gas and 18 billion barrels of condensates.

A massive project to bring to fruition, the National Iranian Oil Company has dissected South Pars field development into 24 phases, each coming in at around US $1 billion for development costs. The phases incorporate offshore facilities, pipelines and onshore processing components, as well as exporting units and pipelines. Once complete, South Pars will have a daily production rate of 820 million cubic meters of gas a day.


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