NIOC Announcing Details of a New Discovery

Source: www.gulfoilandgas.com 2/28/2012, Location: Asia

Speaking to Shana, Mr. Mohaddes said that five new oil and gas fields had been found so far this Iranian year that ends 20th March 2012.

Stating that oil and gas discoveries remain secret until a definite conclusion, the official added details relating to the newly found field will be announced possibly before the end of this Iranian year after conducting different tests on the reservoir and assessment exact volume of its oil and gas reserves.

Last December Iran’s minister of petroleum announced discovery of a new field with remarkable gas reserves in waters of the Caspian Sea which was named Kochak khan Jangali to honor the leader of Jungle Movement that fought against despotic ruling regimes of Iran on the one hand and foreign interference on the other hand in early 20th century in north of Iran.

Gas reserves of the field, which is located 700 meters depth of Caspian Sea, was estimated to be several times above the earlier forecasts.

Mr. Qasemi said oil industry experts could reach the reservoir following more than 2400 meters drilling adding the reservoir is completely within the Iranian side of the sea locating in the edge of Iran’s maritime border.

Iran’s Gas reserves went up to a great extent by discovering this reservoir, Qasemi said adding the discovery was good news for Iranian people living in the northern part of the country.

The official noted that efforts to discover oil and gas reserves in the Caspian sea goes back to before the Islamic Revolution in 1979 adding currently 46 blocks have been identified mainly located in deep waters of which eight blocks are more important.


United States >>  12/6/2024 - The Bureau of Ocean Energy Management (BOEM) announced the availability of the Gulf of Mexico (GOM) Regional Outer Continental Shelf (OCS) Oil and Gas...
Indonesia >>  12/3/2024 - - Drilling and testing of the PC-01 exploration well have concluded
- Testing of the Bekasap formation did not yield hydrocarbons
- The d...


Malaysia >>  12/2/2024 - INPEX CORPORATION (INPEX) announced that it has executed an agreement with Seascape Energy Asia plc (Seascape) to acquire 100 percent of the shares ...
Namibia >>  12/2/2024 - Sintana Energy Inc. (“Sintana” or the “Company”) is pleased to provide the following further update regarding the second campaign on blocks 2813A and ...

Norway >>  12/2/2024 - DNO and its partners have discovered oil in the “Othello” prospect in the southern North Sea.

The discovery was made in wildcat well 2/6-7 ...

Namibia >>  11/29/2024 - Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored and logged the Mopane-1A appraisal well...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.