TEHRAN- The CEO of Petropars Group announced the continuation of drilling operations for the 13th well on Platform B of South Pars Phase 11 and stated: After the completion and commissioning of 12 wells at this location, drilling of the 13th well has also been placed on Petropars’ agenda beyond its contractual commitments, and it is currently at the stage of drilling the 16-inch hole.
Tehran Times is a state-owned English-language Iranian daily. This is a translation of that outlet's own report; it is the outlet's account, not Artesh's finding.
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🏛️ Iranian State Media
Petropars Advances Drilling Operations in South Pars Phase 11 with 13th Well
7h ago
October 31, 2026
1 min read
📰 Tehran Times
📋 Key Takeaway
Petropars Group is continuing drilling operations for the 13th well on Platform B of South Pars Phase 11, following the successful completion of 12 wells. This development is significant as it indicates ongoing investment and activity in Iran's vital energy sector.
🔍 Quick Context Guide
💡 Bottom Line:
Petropars' advancement in drilling operations underscores Iran's commitment to developing its energy resources despite external pressures.
👥 Key Players
Petropars Group
MENTIONED
State-owned oil and gas company
"Petropars is a key player in Iran's energy sector, responsible for developing major oil and gas projects, particularly in the South Pars gas field."
CEO of Petropars Group
MENTIONED
Chief Executive Officer
"The CEO's announcements reflect the company's strategic direction and commitment to enhancing Iran's energy production capabilities."
📰 What Happened
Petropars Group has announced the continuation of drilling operations for the 13th well at South Pars Phase 11, following the successful completion of 12 wells. This indicates ongoing investment in Iran's energy sector despite external pressures.
- Drilling of the 13th well is beyond Petropars' contractual commitments.
- The project is part of the South Pars gas field, one of the largest gas fields in the world.
💡 Why It Matters
🇮🇷 For Iran: This project is vital for Iran's economy, aiming to increase energy production and reduce reliance on foreign energy sources.
🌍 Regional: Enhancing gas production may affect regional energy dynamics and Iran's relations with neighboring countries.
🌐 International: Continued investment in South Pars may challenge international sanctions and highlight Iran's resilience in the energy sector.
📚 Background
The South Pars gas field is a joint venture between Iran and Qatar, and it is critical for Iran's energy strategy, especially in light of economic sanctions.
Iran's energy sector
International sanctions on Iran
📡 Source:
STATE MEDIA
📊 Confidence:
70%
As a state-owned entity, the information may reflect the government's positive narrative on energy developments.
🏷️ Entities Mentioned
🌐
Translated from the original and edited for English readers. View original source →
Translation confidence: 100%
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