Iran reveals gas plans for Forouz B offshore oil field

Iranian Offshore Oil Co. (IOOC) plans to develop the gas layer of the Balal oil field.

Offshore staff

TEHRAN, Iran – Iranian Offshore Oil Co. (IOOC) plans to develop the gas layer of the Balal oil field.

Work to produce oil from Balal started in 2001. According to news service Shana, IOOC aims to extract 500 MMcf/d (14 MMcm/d) of gas from the field, where reserves are estimated at 6 tcf (170 bcm), with 183 MMbbl of condensate.

Balal is offshore Lavan Island in the Persian Gulf. After blending its oil with crude from the offshoreSalman field, production is sent to Lavan via a 100-km (62-mi), 14-in. pipeline for processing and export.

Elsewhere in the region, Mapna Co. has completed a 3D seismic acquisition program over the offshoreForouz B gas field, ahead of a planned development.

The location is close to Qeshm and Kish islands. Gas produced from Forouz B will be sent to Qeshm for processing to generate electricity on the island.

Mapna signed a development contract with IOOC. Forouz B has in-place gas estimated at 28 tcf (793 bcm), and 180 MMbbl of gas condensate.

1/22/2013

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