TEHRAN – The first of three jackets for the wellhead platforms designed to be installed in the phase 12 of the South Pars gas field is ready to be rolled up by mid May 2008, public relations department of the Pars Oil and Gas Company (POGC) announced here on Sunday.

Iranian Offshore Engineering and Construction Company (IOEC) has concluded a contract with the POGC valued at 745 million dollars for laying the offshore pipelines.
Another contract worth 386 million dollars has been signed with the IOEC for manufacturing the marine platforms for the phase 12 of the South Pars field.
Petropars is the major contractor of South Pars phase 12 development project investing over 3.2 billion dollars in the project.
POGC, the employer of the project, is also in charge of developing the North Pars, Golshan and Ferdowsi fields located in southern Iran.
Phase 12 field is the south eastern block of the South Pars gas field and is on the border with Qatar and covers an area equal to 150 sq. km. The initial in-situ gas reserve of the South Pars gas field has been estimated at 501.4 tcf (approximately 471.3 tcf dry gas). SP 12 block with 38.6 tcf dry gas contains almost 8% of the South Pars estimated dry gas reserve.
This field shall be developed to produce 3000 Million Standard Cubic Feet per Day (MMSCFD) reservoir fluids from three wellhead platforms, 1000 MMSCFD each, and to transport the fluids, after separation of free water to the Onshore Gas Plant which is located in Tombak area some 65 km west of Assaluyeh, where the onshore treatment facilities are installed at a distance of approximately 145 Km from offshore dedicated block