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  1. Market Data
April 28, 2022

Toos Conventional Gas Field, Iran

By Carmen

Toos is a conventional gas development located onshore Iran and is operated by National Iranian Gas.

The project is currently in feed stage and is expected to start commercial production in 2023.

Field participation details

The field is owned by National Iranian Gas.


Production from Toos

Production from the Toos conventional gas development project is expected to begin in 2023 and is forecast to peak in 2035, to approximately 185 bpd of crude oil and condensate and 141 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2070.


Remaining recoverable reserves

The field is expected to recover 206.15 Mmboe, comprised of 1.53 Mmbbl of crude oil & condensate and 1,227.72 bcf of natural gas reserves.


Contractors involved in the Toos conventional gas field

The key contractors involved in the Toos project as follows.

Design/FEED Engineering: National Iranian Oil

About National Iranian Gas

National Iranian Gas Co (NIGC) is an oil and gas company that supplies natural gas to the power generation plants. The company’s products include synthesis gas, urban gas, compressed natural gas, sweet gas, liquefied natural gas, liquid gas, natural gas liquids, flare gas and substitute natural gas. Its synthesis gas is used as a fuel and hydrogen source for the production of ammonia, methanol and hydrogenation in refining operations. NIGC offers maintenance of refineries, distribution and marketing of natural gas, and high voltage transfer pipeline services. The company constructs natural gas treatment plants, compressor stations, pressure pipelines, gas supply networks, underground natural gas storage facilities, and others. NIGC 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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