Iran discovers natural gas field with 13tcf recoverable reserves
Eram field can reportedly produce 400mn barrels of gas condensate, which would be worth $40bn

Carla Sertin,OILANDGAS ME

Oct 14, 2019

The field is called Eram, and is located south of Fars Province, 200km south of Shiraz, and stretches around 50km with a width of 5km.

NIOC's exploration department said the discovery followed years of exploration in the Eram District of Fars Province.

CNN reported that the reserve could produce 400mn barrels of gas condensate, which would be worth $40bn.

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Iran's national oil company (NIOC) has discovered a gas field which is estimated to hold 19trn cubic feet (tcf) of natural gas, 13tcf of which is recoverable, according to a report by state news agency SHANA.

The field is called Eram, and is located south of Fars Province, 200km south of Shiraz, and stretches around 50km with a width of 5km.

NIOC's exploration department said the discovery followed years of exploration in the Eram District of Fars Province.

CNN reported that the reserve could produce 400mn barrels of gas condensate, which would be worth $40bn.

"We have the potential to id