Tag Archives: Noureddin Shahnazi Zadeh

Azar holds 2.5 billion barrels of in-place oil. but new reservoir studies on the field suggest a much higher figure of 4 billion barrels.

Production of all west Karoun oilfields which was 70.000 barrels a day reached over 300.000 barrels.

Production from all oilfields in West Karoun block is close to 300.000 barrels a day.

Shell submitted a proposal for developing Azadegan and Yadavaran oilfields south of Iran last month.

South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels and its recoverable resources estimated at about 5.2 billion barrels.

The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.

Tehran is looking to ramp up its crude output and with 37 billion barrels of oil.

Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.

Kish gas field is located off Kish Island in the Persian Gulf.

An Iranian company has also voiced interest to fund the development of Kish gas field.