Iran Discovers New Oil Reserves in Salman Field
TEHRAN (Tasnim) – An official with Iranian Offshore Oil Company (IOOC) said the country has discovered a new oil gusher in Salman oil field.
Kambiz Moradi said new discovery drillings in Salman field, an offshore field which Iran shares with the United Arab Emirates in the Persian Gulf, have led Iranian prospectors to a new hydrocarbon-bearing formation which most probably contains oil reserves, al-Bawaba news website reported on Monday.
The field lies within the Lavan zone which also contains such reservoirs as Reshadat, Belal and Resalat. Salman’s most important oil layer is Sormeh which has been in production for about 50 years.
Moradi also said Sormeh has been producing 12,000 barrels per day (bpd) of additional oil since March 2015 after the drilling of four new wells.
The Iranian official did not give figures on estimated reserves or production rates for the new field, but said initial surveys showed it is smaller than other Salman oil layers.
Salman has been in service since 1968 with about 1.6 billion barrels of recoverable reserves. It is currently estimated to hold more than 500 million barrels of oil.
