New Well to be Drilled at South Pars

Pars Oil and Gas Company is planning to drill a new well at South Pars offshore gas field in order to preserve the field’s output.

The Director of Oil and Gas Engineering of Pars Oil and Gas Company said measures are being taken to maintain production from the South Pars gas field including drilling a new well in the northern part of this joint field.

According to Pars Oil and Gas Company, Ali Akbar Majed said preliminary processes for drilling a descriptive well in the northern part of the field have started and drilling operations are expected to begin by late September.

He also announced planning to identify new gas reserves in South Pars.