From September 25th to September 29th 2017 we visited several companies and research organisations in Iran to promote PULSe for pipeline monitoring. The aim was to create awareness about the technology and finding local partners for setting up a demonstration site by Q4 2018 where people interested can see and test the technology under real condition.
Iran holds some of the world’s largest deposits of proved oil and natural gas reserves, ranking as the world’s fourth-largest and second-largest reserve holder of oil and natural gas, respectively. Iran also ranks among the world's top 10 oil producers and top 5 natural gas producers. Iran produced almost 3.4 million barrels per day (b/d) of petroleum and other liquids in 2014 and an estimated 2.3 Trillions of cubic metres of dry natural gas per day in 2013.
United States and the European Union (EU) enacted measures at the end of 2011 and during the summer of 2012 that targeted Iran's petroleum exports and imports, prohibited large scale investment in the country's oil and gas sector, and cut off Iran's access to European and U.S. sources for financial transactions, resulting in a near 1.0-million b/d drop in crude oil and condensate exports in 2012 compared with the previous year.
The sanctions also affected oil production infrastructures, such as in particular upstream projects, as the lack of expertise, technology, and investment has resulted in delays and, in some cases, cancellations of projects. According to the International Energy Agency, about half of Iran's production is sourced from oil fields that are more than 70 years old and had very limited revamping interventions.
Gross natural gas production totalled almost 2.3 Trillions of cubic metres in 2013, 1% lower than the previous year's level. Of the gas produced, most of it was marketed (1.8T m3), and the remainder was reinjected into oil wells to enhance oil recovery (30M m3) or vented and flared (20M m3). Reinjecting natural gas plays a critical role in oil recovery at Iran's fields. As a result, natural gas reinjection is expected to increase in the coming years. Some estimates indicate that NIOC will require between 60M and 70M m3 per year of natural gas for reinjection into its oil fields in the next decade. Iran also flares (burns off) and vents a substantial portion of its gross production. Iran became the world's largest gas-flaring country in 2013 , surpassing Russia.