Iran Starts Final Drilling Stage at Kish Gas Field

Iran’s state owned National Iranian Drilling Company (NIDC) has commenced final stage of drilling 13 wells in Kish gas field with the aim of producing one billion cubic feet (bcf) of gas per day, Tasnim News Agency reported Saturday.

Kish gas field lies in the waters south of Kish Island and is located 30 km east of Lavan Island in the Persian Gulf.

National Iranian Oil Company (NIOC) discovered the field back in 2006. The gas field holds 66 tcf of gas in place of which 50 tcf is recoverable, Tasnim said.

According to the news agency, development plan of the gas field will be implemented in three phases. The first phase of the gas field will be completed with the aim of producing 3 billion cu ft of gas, 45,000 barrels of natural-gas condensate as well as 2.9 bcf of low-density gas per day.

According to Abdolreza Haji Hosseinnejad, the managing director of Petroleum Engineering and Development Company (PEDEC), which is developing the Kish gas field, the giant gas field will be operational in November 2015, Tasnim reported.