[caption id="attachment_27590" align="alignright" width="180"]
A view of Iran's South Pars Gas and Oil Field[/caption]Well-boring operations in phase 18 of the South Pars project have come to an end as work continues to further develop the giant natural gas field in southern Iran.
Drilling work in phase 18 which began in 2010 has drawn to a close, said Alireza Laiji who oversees well-drilling operations for phases 17 and 18 of the South Pars project.
A total of eleven wells were sunk in phase 18, he noted.
All activities related to the drilling operations, including feasibility studies, technical and engineering services, planning and procurement of drilling equipment were carried out by local experts, said the project manager.
He further underlined that drilling work in phase 17 is 99 percent complete and will finish in a matter of weeks.
The completion of this project while [Iran is] under sanctions is a great achievement for the countrys oil industry, he underlined.
When complete, phases 17 and 18 of South Pars are projected to supply 50 million cubic meters of natural gas, 80 thousand barrels of gaseous condensates and 400 tonnes of sulfur on a daily basis as well as one million ton of ethane annually.
The project will also see huge amounts of liquefied petroleum gas (LPG) produced.
The South Pars gas field, divided into 28 phases, is located in the Persian Gulf on the common border between Iran and Qatar. The field is estimated to contain 14 trillion cubic meters of gas plus 18 billion barrels of condensates.
The field covers an area of 9,700 square kilometers, 3,700 square kilometers of which lie in Iran's territorial waters in the Persian Gulf.
The remaining 6,000 square kilometers better known as North Dome are located in Qatar's territorial waters.
By Press TV
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