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 km² 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
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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

. 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

(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
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.

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

Aghajari oil field

Aghajari Gas Injection Project

See also

References

External links