ranian Offshore Engineering and Construction Company (IOEC) will start offshore drilling operations at Phase 14 of the supergiant South Pars gas field by mid-July, operator of the phase said. Farzad Ghazali said physical activities at the phase will start once the first drilling rig is fully installed at its designated place within a month. 22 wells are planned to be drilling at the phase which will take 2.5 years for their completion, he said.
Drilling operations at platforms A and C of the phase are being carried out by the national Iranian Drilling Company and platforms B and D are being done by IOEC. Director of the drilling project at phase 14 further said $762.5b has been invested for drilling the wells. Phase 14 is under development for production of 56.5 mcm/d of sour gas, 75,000 b/d of gas condensate, one million tons a year of liquefied gas, one million tons a year of ethane and 400 tons a day of sulfur.
A consortium of Iran’s Industrial Development and Renovation Organization (IDRO), National Iranian Drilling Company (NIDC), Iran Shipbuilding & Offshore Industries Complex Co (ISOICO) and IOEC are in charge of Phase 14.