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Iran: Possible massive gas discovery on Kish Island

13 Sep 2005

According to an announcement by the Oil Exploration National Company of Iran, exploration work carried out so far in Kish Island point to the presence of a huge natural gas reservoir in that island, which has the bulk of its territory in the northern half of the Persian Gulf waters. On the basis of a report by the Oil Exploration National Company of Iran, the exploration work in the island began in Azar last year and it has now reached a massive oil reservoir at the depth of 4,100 metres under the surface. According to the report, the Kangan, Nar and Dalan layers are the current boundaries of the field. Furthermore, the pressure at this natural gas reservoir is between 5 and 8 pounds per square inch although a further 300 metres need to be excavated in order to reach the final depth of this gas well. Furthermore, commenting on the new discovery of natural gas reserves in Kish Island, Engineer Hamid Burd, the manager of the special projects department at the Oil Exploration National Company of Iran, said, that while in the past all the major oil and gas fields have always been situated in the southern half of the Persian Gulf waters, the discovery of the new field in the northern half of the Persian Gulf is a very interesting development. He said that it was not possible at the moment to predict the total size and capacity of the new gas reservoir. Engineer Hamid Burd went on to suggested that in order to be able to offer such an estimate, three more wells need to be excavated, so as to be able to offer a reasonable estimate about the total length, width and depth of the new gas reserves, as well as its total gas reserves and the potential volume of its daily output. Source: BBC

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