Energy

South Pars at a Crossroads: New Rigs, Output Increase, and Weight of Reconstruction

Iran’s flagship gas project is expanding its drilling muscle while rebuilding from conflict. Pars Oil and Gas Company CEO Touraj Dehghani told the CEO and board of the National Iranian Oil Company that three new rigs have joined the national drilling fleet—a strategic investment in capacity and a way to accelerate development in the Persian Gulf. The company’s active rig count has risen from four to 13. The rigs were added with support from the oil minister and NIOC.

Production has also climbed. Over two years, South Pars added 30 million cubic meters to its stabilized rich gas capacity, gains linked to Phase 11, infill drilling, and completed 35-month projects. The shared field then set a daily output record of 730 million cubic meters. Dehghani said this showed development and operations continuing despite pressure. He credited synergy across operational, development, and staff sections.

That pressure has not been only commercial. Pars Oil and Gas has operated amid war and regional tensions. After the Phase 14 refinery was damaged in the 12-day war, and four other refineries were hit during the Ramadan war, the company was assigned to reconstruct three South Pars refining complexes. Much of its recent focus and executive capacity has gone to that effort.

Debris removal and reconstruction are high-risk. Weekly meetings are held at the refineries, with safety and technical standards monitored continuously. Dehghani described the company as responsible for a significant share of upstream gas production. He credited senior oil officials, managers, experts, and workers for advancing production, development, drilling, and reconstruction. The results, he said, reflect employees determined to keep gas flowing and South Pars developing under difficult conditions. No timeline for completing reconstruction was announced, but he said the company remains committed to maintaining output and developing the shared field.