Tag Archives: Khuzestan

West Karoun is the name of an oil-rich region in Khuzestan that includes several large oilfields.

Japan’s biggest exploration and production company. Inpex. will consider bidding in the tender to develop Iran’s Azadegan oil field.

Lukoil chief had announced that his company was considering the development of Iran’s Mansouri and Ab Teymour oil fields.

Iran has so far signed memoranda of understanding (MoUs) with four Russian companies for developing its oil and gas fields.

The Azadegan field has oil-in-situ reserves of about 33.2 billion barrels and recoverable resources are estimated at about 5.2 billion barrels.

South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.

As of 2013 nine gas fields were discovered with total in-place reserves of 1.7 trillion cubic meters.

Around 83.000 barrels of Yadavaran production is a blend of light crude and the rest is heavy crude.

With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.

The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.