Iran to Increase Fars Province Natural Gas Production by 110 mmcm/d

Iran to Increase Fars Province Natural Gas Production by 110 mmcm/d

Iran’s Minister of Petroleum Javad Owji has announced that his government planned to invest in the upstream gas sector to boost natural gas production from Fars province’s fields to grow by 110 million cubic meters per day (mmcm/d), Shana news agency reported.

According to the statement, this production rate will be reached after developing the 13 fields in Iran’s Fars province, in which six fields are complete while work is still in progress on the remaining seven.

The statement mentioned that Aghar field and Halegan field are the most important fields in the province and in Iran. Aghar field is currently producing 20 mmcm/d, which will be doubled to 40 mmcm/d after its development was implemented by the Iranian Central Oil Fields Company (ICOFC).

Halegan field holds 12.4 trillion cubic feet (tcf) of gas in place, 8.938 tcf of which is recoverable. After development, the field is expected to produce 50 mmcm/d of gas over a 20-year period.

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