Iran has brought on line a key well in South Pars to increase production from the field in the Persian Gulf.
The state-run PetroPars said on Tuesday that the eight well at Phase 11 of South Pars was now ready for gas production, adding that the well will increase output from South Pars by 3 million cubic meters (mcm) per day.
The company said the well is one of the most complicated structures in South Pars with a depth of 4,200 meters.
Iran has managed to develop Phase 11 of South Pars, which is the most complicated of all 28 phases in the field, by relying on the technological expertise of its domestic companies.
A consortium of international and domestic companies led by French energy giant Total was commissioned to develop Phase 11 before Iran came under US sanctions in 2018.
PetroPars said that the company would bring on line more wells in Phase 11 until the end of April.
The Fars news agency said in a report that the launch of the eighth well in South Pars would help Iran maintain its upper hand in gas extraction from the field, which is the world’s largest and is shared with Qatar.
South Pars is responsible for 70% of Iran’s natural gas supply and 40% of the feedstock needed in the country’s gasoline production sector. It covers 40 offshore drilling rigs, hundreds of wells, and thousands of kilometers of underwater pipelines.
Iranian Oil Ministry authorities said last month that gas production from South Pars had reached an all-time high of 716 mcm per day.