Arvand is a conventional oil development located onshore Iran and is operated by Arvandan Oil & Gas. Discovered in 2008, Arvand lies in block Arvand (2016).
The project is currently in feasibility stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by National Iranian Oil.
Production from Arvand
Production from the Arvand conventional oil development project is expected to begin in 2024 and is forecast to peak in 2041, to approximately 20,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 126.02 Mmboe, comprised of 126.02 Mmbbl of crude oil & condensate.
Contractors involved in the Arvand conventional oil field
The key contractors involved in the Arvand project as follows.
Other Contractors: Pars Petro Zagros Engineering & Services
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.