The National Iranian South Oilfields Company (NISOC) (, ''Shirkat-e Mily-e Minatâq-e Nuftxiz-e Jinvâb-e Iran'') is a
government-owned corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...
under the direction of the
Ministry of Petroleum of Iran, and operates as a subsidiary of
National Iranian Oil Company
The National Iranian Oil Company (NIOC; ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consorti ...
.
NISOC was incorporated in 1971 in
Masjed Soleyman
Masjed Soleyman () is a city in the Central District (Masjed Soleyman County), Central District of Masjed Soleyman County, Khuzestan province, Khuzestan province, Iran, serving as capital of both the county and the district.
History
Th ...
,
Khouzestan as Oil Service Company of Iran (OSCO). Currently NISOC is
Iran's biggest oil producer, and produces 3 million barrels of oil per day. The company is active in a land area more than 400,000 km
2 with headquarters in
Ahvaz
Ahvaz (; ) is a city in the Central District of Ahvaz County, Khuzestan province, Iran, serving as capital of the province, the county, and the district. It is home to Persians, Arabs and other groups such as Qashqai and Kurds. Languages spok ...
. NISOC is producing about 83% of all crude oil and 17% of natural gas produced in Iran and ranks as the Iran's biggest oil company.
National Iranian South Oilfields Company, through its subsidiaries, produces crude oil, gas, and
liquefied gas
Liquefied gas (sometimes referred to as liquid gas) is a gas that has been turned into a liquid by cooling or compressing it. Examples of liquefied gases include liquid air, liquefied natural gas, and liquefied petroleum gas.
Liquid air
At the ...
es. The company's reserves portfolio include
Ahvaz Field
Ahvaz Field is a super-giant oil field located in Ahvaz, Khuzestan, Iran. It was discovered in 1953, developed by Anglo-Persian Oil Company and began production in 1954. Ahvaz field is one of the richest oil fields in the world with an estimated ...
(the world's 3rd largest oil field) and in charge of onshore giant oilfields in Iran (like
Gachsaran,
Maroun,
Bibi Hakimeh,
RagSefid and
Aghajari) and focuses on onshore
upstream activity in the province of
Khuzestan
Khuzestan province () is one of the 31 Provinces of Iran. Located in the southwest of the country, the province borders Iraq and the Persian Gulf, covering an area of . Its capital is the city of Ahvaz. Since 2014, it has been part of Iran's ...
,
Kohgiluyeh and Boyer-Ahmad,
Bushehr
Bushehr (; ) is a port city in the Central District (Bushehr County), Central District of Bushehr County, Bushehr province, Bushehr province, Iran, serving as capital of the province, the county, and the district.
Etymology
The roots of the n ...
and
Ilam. As Khuzestan is the main oil- and gas-producing province, this entity is among the most significant in the NIOC subsidiaries.
[eia.gov](_blank)
/ref>
Aghajari oil field
The Aghajari oil field is an iranian
Iranian () may refer to:
* Something of, from, or related to Iran
** Iranian diaspora, Iranians living outside Iran
** Iranian architecture, architecture of Iran and parts of the rest of West Asia
** Iranian cuisine, cooking traditions and practic ...
oil field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the prese ...
located in Khuzestan Province
Khuzestan province () is one of the 31 Provinces of Iran. Located in the southwest of the country, the province borders Iraq and the Persian Gulf, covering an area of . Its capital is the city of Ahvaz. Since 2014, it has been part of Iran's R ...
. It was discovered by Anglo-Persian Oil Company
The Anglo-Persian Oil Company (APOC; ) was a British company founded in 1909 following the discovery of a large oil field in Masjed Soleiman, Persia (Iran). The British government purchased 51% of the company in 1914, gaining a controlling numbe ...
in 1938 and developed by National Iranian Oil Company
The National Iranian Oil Company (NIOC; ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consorti ...
. It began production in 1940 and produces oil
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...
. The total proven reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certaint ...
of the Aghajari oil field are around 30 billion barrels (3758 million tonnes), and production is centered on . The field is owned by state-owned National Iranian Oil Company
The National Iranian Oil Company (NIOC; ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consorti ...
(NIOC) and operated by NISOC.
Aghajari Gas Injection Project
The Aghajari Gas Injection Project is the world’s biggest enhanced oil recovery
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted after primary and secondary recovery methods have been completely exhausted. Whereas primary and se ...
project inaugurated in Iran in late 2008, aiming at boosting production from the aging Aghajari oil field. The reservoir dimension of Aghajari fields is 56×6 km with the original oil-in-place of and 10.2 billion barrels of recoverable oil (based on latest studies). The total quantities extracted since the start of operations at Aghajari till this date have been 8.8 bn barrels.[PEDEC Website](_blank)
However, production has been on the decline because of loss of pressure and oil extraction, so that current output is a day.
With injection of of gas per day ( of gas in total) from the south pars field and subsequent buildup of pressure, an additional quantity of of oil will be produced. It is also estimated that daily crude oil output of the field will increase to .
Project consists of three main parts;
*Upstream:
Development of South Pars phases 6, 7 and 8.
*Midstream:
The 504-km long, 56-inch pipeline for transfer of sour gas from the South Pars gas field phases 6,7 and 8 to be injected to Aghajari oilfield.
*Downstream:
Installation of a gas-compression station, drilling of 19 new wells, work over of 3 existing wells for gas injection, installing pipelines on 2 existing gas injecting wells.
See also
*Petroleum industry in Iran
Iran is an energy superpower mostly due to the petroleum industry in Iran. In 2004, Iran produced 5.1 percent of the world's total crude oil ( per day), which generated revenues of US$25 billion to US$30 billion and was the country's primar ...
*National Iranian Oil Company
The National Iranian Oil Company (NIOC; ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1951 and restructured under The Consorti ...
*World Largest Gas Fields
This list of natural gas fields includes major fields of the past and present.
N.B. Some of the items listed are basins or projects that comprise many fields (e.g. Sakhalin has three fields: Chayvo, Odoptu, and Arkutun-Dagi).
25 largest conve ...
* National Iranian Gas Company
* NIOC Recent Discoveries
* Iran Natural Gas Reserves
*South Pars
The South Pars/North Dome field is a natural-gas condensate field located in the Persian Gulf. It is by far the world's largest natural gas field, IEA, World Energy Outlook 2008 - Chapter 12 - Natural gas resources and production prospects, p.29 ...
*North Pars
North Pars Gas Field () is one of the biggest independent gas fields of the world. This field which was discovered in 1967 is located some 120 kilometers south east of Bushehr province in water depths of 2 to 30 meters in the Persian Gulf.
In 19 ...
*Kish Gas Field
Kish gas Field is a giant gas field close to Kish Island in the Persian Gulf.
It is one of the NIOC Recent Discoveries which was discovered in 2006 and holds of gas in place of which is recoverable.
The field also holds at least of condensate ...
*Golshan Gas Field
The Golshan gas field is one of the NIOC Recent Discoveries which is located at approximately 180 km south east of Bushehr, 65 km offshore the Persian Gulf. The volume of gas in place (GIP) of the field is estimated at 42 to 56 TCF.POGC Websi
O ...
*Ferdowsi Gas Field
The Ferdowsi Gas Field is one of the NIOC Recent Discoveries, located at approximately 190 kilometers southeast of Bushehr, 85 kilometers off the coast of Iran, in the Persian Gulf
The Persian Gulf, sometimes called the Arabian Gulf, i ...
* Persian LNG
* Iran Gas Trunkline (IGAT)
References
External links
NISOC - Official Site
{{authority control
National Iranian Oil Company
Government-owned companies of Iran
Oilfield services companies
Energy companies established in 1971
Non-renewable resource companies established in 1971
Iran
Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the nort ...
Oil and gas companies of Iran
Iranian companies established in 1971