1. Gas The Priority For Iran’s New Oil Team

    ...an’s oil production, which, given the age of many of its key fields, is reliant on ever-increasing volumes of re-injected natural gas to maintain output.   Five By 2017 A more likely scenario envisages the five phases in question to be complete by mid to late 2017. Sour gas production from Ph...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014
  2. Upper Zakum Extended, Terms Sweetened

    ...vember, ADNOC unveiled a plan to boost Upper Zakum production from current levels of about 585,000-590,000 b/d to 1mn b/d. Prior to the announcement, ZADCO had planned to push production to 750,000 b/d by 2017. It is unclear when the consortium expects to hit the 1mn b/d target; Inpex said in a statement th...

    Volume: 57
    Issue: 04
    Published at Fri, 24 Jan 2014