Ahwaz-Bangestan is a producing heavy oil field located onshore Iran and is operated by Karoon Oil and Gas Production . The field is located in block Ahwaz Bangestan.

Field participation details

The field is owned by National Iranian Oil.


Production from Ahwaz-Bangestan

The Ahwaz-Bangestan heavy oil field recovered 85.46% of its total recoverable reserves, with peak production in 1973. The peak production was approximately 155.03 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2066. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 447.58 Mmboe, comprised of 447.58 Mmbbl of crude oil & condensate. Ahwaz-Bangestan heavy oil field reserves accounts 1.02% of total remaining reserves of producing heavy oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.