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December 2, 2021updated 27 Apr 2022 11:58am

Homa Conventional Gas Field, Iran

By Carmen

Homa is a producing conventional gas field located onshore Iran and is operated by South Zagros Oil and Gas Production.

An expansion project is associated with the Homa, namely Homa Development. This project is currently in the construction stage.

Field participation details

The field is owned by National Iranian Oil.


Production from Homa

The Homa conventional gas field recovered 49.87% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 15.17 thousand bpd of crude oil and condensate and 894 Mmcfd of natural gas. 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 544.83 Mmboe, comprised of 50.33 Mmbbl of crude oil & condensate and 2,966.98 bcf of natural gas reserves. Homa conventional gas field reserves accounts 0.19% of total remaining reserves of producing conventional gas 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.

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