BAKU, Azerbaijan, September 24. Iran has begun the development of the Tus gas field in Razavi Khorasani Province (north-eastern Iran) in order to produce 3 million cubic meters of gas per day in the first stage, Iranian Deputy Oil Minister and the CEO of the National Iranian Oil Company (NIOC), Mohsen Khojasteh Mehr said, Trend reports.
He made the remark at the event dedicated to the launch of work for development of the field.
Khojasteh Mehr noted that development of this field will be carried out in two stages. After the completion of the 2nd stage, a total of 5 million cubic meters of gas is expected to be produced from the field per day.
The deputy minister added that it is planned to drill 8 new wells in 2 stages of gas field development at a cost of $200 million.
According to him, one of the important programs of the NIOC is the development of the Tus gas field in order to create stability in the gas supply in the northeast of the country.
Tus gas field is located 100 km northeast of Mashhad, Iran. This field was discovered in 2009.
There are currently 74 active oil and 22 active gas fields in Iran. So, 37 oil fields are operating in the territory of the National Iranian South Oil Company (NISOC), 14 fields – Iranian Central Oil Fields Company (ICOFC), 5 fields – Arvandan Oil and Gas Company (AOGC), and 18 oil fields – Iranian Offshore Oil Company (IOOC).
In addition, 5 gas fields are operating in the territory of the NISOC, 13 fields – the ICOFC, 1 field – Pars Oil and Gas Company (POGC), and 3 gas fields – the IOOC.
Iran’s total hydrocarbon reserves are estimated at 1.2 trillion barrels. With available technology and equipment, Iran can extract 340 billion barrels. Thus, 30 percent of the country's hydrocarbon reserves are recoverable, while 70 percent remain underground.
---
Follow the author on X (Twitter):@BaghishovElnur
