Mohammadi, CEO of Oil Industries Engineering and Construction Company (OIEC),
highlighted two upstream projects which have recently become operational;
phases 20&21 of South Pars gas field and Azar oil field. South Pars is
shared by Iran and Qatar, while Azar is jointly owned by Iran and Iraq.
production from Azar field totaled 4.6 million barrels, adding that its output
had reached 35,000 b/d.
producing 15,000 b/d of oil in March before reaching 30,000 b/d in May and its
production rate is 35,000 b/d now.
estimated to hold 2.5 billion barrels of oil in place, said Mohammadi, adding
that new studies put the oil content at 4 billion barrels.
He said that
Azar's output was planned to reach 65,000 b/d in the primary recovery.
under way with international companies within the framework of new model of oil
contracts for the second phase development of this field," said Mohammadi.
development of 2nd phase of this field under IPC, we expect oil
recovery from Azar field to reach 100,000 b/d," he added.
oil recovery risks in Azar field included its tough geological structure which
had increased the average time needed for drilling. He added that international
sanctions had prevented the supply of necessary commodities.
EOR a Must
of foreign oil companies also expressed their views about Iran's upstream oil
International president Lyu Gongxun referred to the high attractiveness of
Iran's petroleum industry for foreign firms, saying this attraction ows to IPC.
China's readiness for broader cooperation with Iran in the petroleum industry,
saying cooperation between Iran and China should be based on securing mutual
interests of the two parties.
Tiani, Vice President for EOR and Advanced Reservoir Modelling at Italy's Eni
SpA, briefed the audience about different methods of enhanced oil recovery,
saying it was pretty necessary for Iran to raise its output due to the high
level of reserves.
"In case a
good method is not applied for enhanced recovery the result will not be
acceptable and the reservoir may even be damaged," he said.
Then, the Royal
Dutch Shell delegate at the congress said any increase in oil production, as
predicted by the International Energy Agency (IEA) to meet growing demand, must
take into consideration environmental concerns.
He also spoke
about a variety of EOR methods, mainly water, gas and steam injection.
He said that
choosing a method for enhanced recovery would depend on the certain
conditions of the field in question.
Shaykhutdinov, project director at Russia's Rosneft, said 49% of the activities
of this company is done by software.
to increase this percentage over the coming five years," he said.
H.A.R. Senese, vice president of ILF Consultants and Engineers, said
international sanctions posed challenges to the development of oil fields in
the largest owner of oil and gas reserves in the world and it has big potential
for development," he said.
Senese said the
high level of knowledge of Iranian university graduates, economic diversity and
Persian rich civilization were among outstanding features of the country.
He referred to
financial shortages as the biggest challenge to oil and gas industry
development, saying Iran could become one of the largest producers of gas in
the world in case of facilitation of financing for gas fields.
criticized administrative red tape in Iran as a challenge to foreign
investment. He expressed hope that streamlining bureaucracy would help clear
the way for investment in Iran's oil and gas sector.
Courtesy of Iran Petroleum