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Iran Starts Final Drilling at Kish Gas Field

  • August, 23, 2014 - 19:11
  • Economy
Iran Starts Final Drilling at Kish Gas Field

TEHRAN (Tasnim) – The National Iranian Drilling Company (NIDC) started final stage of drilling 13 wells in a giant gas field close to the southern island of Kish with the aim of producing one billion cubic feet (bcf) of gas per day.

Economy

Kish gas field lies in the waters south of Kish Island and is located 30 km east of Lavan Island in the Persian Gulf.

National Iranian Oil Company (NIOC) discovered the field back in 2006. The gas field holds 66 tcf of gas in place of which 50 tcf is recoverable.

The development plan of the gas field will be implemented in 3 phases. The first phase of the gas field will be completed with the aim of producing 3 billion cu ft of gas, 45,000 barrels of natural-gas condensate as well as 2.9 bcf of low-density gas per day.

According to Abdolreza Haji Hosseinnejad, the managing director of Petroleum Engineering and Development Company (PEDEC), which is developing the Kish gas field, the giant gas field will be operational in November 2015.

Kish gas reserves lie at a depth of 3800 to 4300 meters. The gas field's length is about 32.2 kilometers, has a length of 22.5 kilometers and a depth of 480 meters.

 
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