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October 28, 2021updated 28 Apr 2022 5:49am

South Pars Phase 11 Conventional Gas Field, Iran

By Carmen

South Pars Phase 11 is a conventional gas development located in shallow water in Iran and is operated by Petropars. South Pars Phase 11 lies in block South Pars Phase 11.

The project is currently in commissioning stage and is expected to start commercial production in 2022. The development cost is expected to be $4,800 m. The South Pars Phase 11 conventional gas development will includes subsea tree and wellhead platforms.

Field participation details

The field is owned by National Iranian Oil.


Production from South Pars Phase 11

Production from the South Pars Phase 11 conventional gas development project is expected to begin in 2022 and is forecast to peak in 2024, to approximately 35,905 bpd of crude oil and condensate and 1000 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2064.


Remaining recoverable reserves

The field is expected to recover 2,057.98 Mmboe, comprised of 363.7 Mmbbl of crude oil & condensate and 10,165.63 bcf of natural gas reserves.


Contractors involved in the South Pars Phase 11 conventional gas field

Some of the key contractors involved in the South Pars Phase 11 project as follows.

Main EPC: Parham Construction and Rosemond Group

EPC Contractors: Iranian Offshore Engineering and Construction and National Iranian Oil

Other Contractors: Imam Hussein University, Jamm Design & Development Eng, Krobal, Lule Gostar Esfarayen and MAPNA Group

About Petropars

Petropars Ltd (Petropars) a subsidiary of NICO Naftiran Intertrade Company is an oil and gas company that explores, exploits, and develops oil and gas projects. The company offers upstream oil and gas, crude oil, natural gas, and hydrocarbon resources. It offers services which include facilities services, engineering, procurement, construction, designing, fabrication, installation, offshore and onshore services, and others. Petropars also offers acquisition and development, exploration, operations and management, and legal affairs, financial, overseas projects, public relations, internal audit, security, ICT, financial affairs, HSEQ, planning, commercial, contracts, and construction management services. The company also provides petroleum, general, joint venture, tenders, technical knowhow, and project and safety engineering management services. Petropars is headquartered in Tehran, Iran.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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