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November 25, 2021updated 27 Apr 2022 12:19pm

Cheshmeh-Khosh Conventional Oil Field, Iran

By Carmen

Cheshmeh-Khosh is a producing conventional oil field located onshore Iran and is operated by West Oil and Gas Production. The field is located in block Cheshmeh Khosh.

An expansion project is associated with the Cheshmeh-Khosh, namely Cheshmeh-Khosh Development . This project is currently in the approval stage.

Field participation details

The field is owned by National Iranian Oil.


Production from Cheshmeh-Khosh

The Cheshmeh-Khosh conventional oil field recovered 91.63% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 72.09 thousand bpd of crude oil and condensate and 418 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 75.24 Mmboe, comprised of 0.01 Mmbbl of crude oil & condensate and 451.38 bcf of natural gas reserves. Cheshmeh-Khosh conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Cheshmeh-Khosh conventional oil field

Some of the key contractors involved in the Cheshmeh-Khosh project as follows.

Design/FEED Engineering: Tehran Raymand Consulting Engineers

Other Contractors: National Iranian Oil and Parto Tasisat Caspian

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.

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