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Rag Sefid field. holds an estimated 16.5 billion barrels of crude oil in place.
Read More »Battle to Put Out Burning Oil Well Worked
NISOC Set to Finalize First IPC-Based Deal by March
NISOC'.s contractual model conforms to the outlines of IPC. such as terms of 20-25 years and higher rewards for riskier projects. but differs in specifics.
Read More »NISOC Aims 20% Rise in Recovery Rate
The latest government data indicate total proven crude oil reserves are close to 160 billion barrels. of which 16 billion barrels are in the Persian Gulf.
Read More »NISOC will Increase Recovery Factor in Khuzestan Oilfields
Iran'.s in-place oil reserves are estimated at 800 billion barrels.
Read More »NISOC may Hold First Int’l Tender by March
NISOC has held negotiations and signed agreements with various foreign companies on studying Iran'.s hydrocarbon reservoirs.
Read More »Iran. Russia Cooperation to Develop Shadegan. Ragsefid Fields
At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.
Read More »NISOC Indigenizes Advanced Pumps
NISOC has completed the design. casting and production of '.BB3'. multistage centrifugal pumps.
Read More »NISOC will Raise Crude Output
. Iran is now producing 3.9 million bpd of crude oil and gas condensates.
Read More »MAPNA to Study 3 Khuzestan Oilfields
Karan holds an estimated 9.6 billion barrels of in-place oil.
Read More »Schlumberger to Submit Development Proposal for 3 Iranian Oilfields
The agreement was signed in Ahvaz by Tony Bowman. Schlumberger'.s president for production management.
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