Project Profile
Value: US$1900 million
Location: Lavan Island, Southern Iran
Field production capacity: 750 mcf of natural gas and 11,000 barrels of condensate per day
Reserves: 9.5 tcf GIP
Recoverable reserves: 6.2 trillion cubic meters and 62 million barrels of condensate.
Field Development Plan
• 13 production wells
• One acid gases injection well
• One waste water injection well
• Well testing to estimate the potential of the wells
The main focus of the development plan of the field is to advance the Iranian petrochemical sector. The contract includes construction of a petrochemical complex:
• Construction of gas condensates storage tanks
• Streamtube pipelines
• Separation, stabilizing and sweetening facilities of gas condensates
Operators:
Iranian Offshore Oil Company (IOOC): Operator with 100% interest
PGNiG (Dismissed from project)
Contractors:
Energy Sepher (Iran): Field development plan (December, 2011)