Prospect best opportunity to succeed


Iran, with a record of over one century of oil production, is currently one of the major oil producing countries of the world. According to I.R .Iran oil ministry 20 years plan and overview plan, following targets must be achieved: • Capacity building for 5.7 million bbl production per day in 2015 • Increasing in natural gas production to 900 million cubic meter per day in 2015 • Supply 100 million cubic meter per day natural gas for consumption in industrial Sector . Several of the old fields have been depleted to an uneconomical level of production and 9-11% yearly reduction has reported in these fields which requires significant amount of natural gas for re-injection so that currently over 100 million cubic meters of natural gas is reinjected daily to maintain or enhance oil production to an economical level. It is estimated that in order to maintain oil production, over 200 million cubic meters of natural gas will be needed daily by 2015. Some of these oil fields have experienced an annual depletion in productivity between 9 to 11 percent which can be enhanced by secondary or tertiary recovery. Considering that most of the reservoirs are of the carbonated fractured type containing heavy crude, the selection of the optimum secondary or tertiary recovery method is of great importance. For example production rate of Aghajari oil filed decrease from 1,023,000 bbl per day in 1973 to 145000bbl per day in 2005.56 million cubic meter natural gas comes from South Pars must be injected into reservoir to raise 300000 bbl per day production. Already ,there are some main projects for secondary recovery in Iran ,include water injection in several onshore and offshore fields like Salman (Sasan) oil field ,natural gas injection in Aghajari project and gas reinjection in Amak group fields and also there are some plan for water and WAG for Resalat ,Reshadat and Dorood.

News & Media

Eni has completed the ramp-up of the Ochigufu field, in Angola’s deep offshore, reaching the production plateau of 24,000 barrels per day less than 2 months from start-up. This result allows the operated production from block 15/06 to be stable above 150,000 b/d, and is in line with the goal of adding 54,000 b/d to the block’s production by 2019. Energyglobalnews , May 09, 2018

CEO of Rahbord Energy Alborz met Iran Minister of Petroluem Mr Bijan Namdar Zangeneh
Amir Mohammad Eslami CEO of Rahbord Energy Alborz met and negotiated with Iran Minister of Petroleum Mr Bijan Namdar Zangeneh after that they both attended in a meeting in I.R.Iran parlement . They talked about Iran EOR prospect and capacity and applications of new technologies in petroleum industries , 7 May 2018

Lion Energy Limited advised that the Indonesian Minister for Energy and Mineral Resources, Mr Ignasius Jonan, announced that Lion Energy Ltd has been awarded the East Seram Block. Energyglobalnews , may 07 ,2018

Basra ready to import gas from Iran
Iran’s deputy Oil Minister in Gas Affairs announced that the city of Basra in Iraq is ready to import gas from Iran, which will be realized after paying for gas. ISNA 29 Apr 2018

DOE announces $9m for CO2 storage with EOR projects
Up to $9 million in federal funding for cost-shared research and development are available for "Developing Technologies for Advancement of Associated Geologic Storage in Basinal Geo-Laboratorie s." Carbon Capture Jurnal Apr 11 2018

SaskPower CCS surpasses 2 million tonnes
Since operations began in October 2014, the carbon capture and storage (CCS) process at SaskPower’s Boundary Dam Power Station has prevented a total of more than two million tonnes of carbon dioxide from entering the atmosphere. Carbon Capture Jurnal Mar 26 2018

Adnoc to boost carbon capture in oilfields by six-fold over the next 10 years
Company plans to expand its carbon capture programme to cater to a six-fold increase in the use of CO2 in maturing oilfields, a measure that will free up gas injected into the fields for other industries and boost oil recovery rates. The National , 17 Jan 2018

Carbon capture: New technique developed to turn carbon dioxide waste into fuel Global CCS Institute , 15 Dec 2017

ELEGANCY – accelerating CCS deployment by combining CCS and hydrogen
The project will investigate how hydrogen production can be accommodated in a CCS system, thus reducing CO2 emissions. Carbon Capture Jurnal (Nov 29 2017)

CO2 Capture & Storage

CCS would most likely reduce emissions from large stationary sources of CO2 significantly(such as fossil-fuel power plants or large industrial processes which account for more than 65% of the world CO2 emissions). Considering the lower estimate of global storage capacity(around 700 Gt CO2 for oil, gas and coal reservoirs and 1000Gt CO2 for deep saline formation), CCS would thus allow fossil fuels to be used in existing plants as well as plants that will be built around the world in the coming years with low emission of greenhouse gas.