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November 30, 2021

Karanj Conventional Oil Field, Iran

By Carmen

Karanj is a producing conventional oil field located onshore Iran and is operated by Aghajari Oil and Gas Producing. The field is located in block Karanj Khami.

An expansion project is associated with the Karanj, namely Karanj Redevelopment. This project is currently in the construction stage.

Field participation details

The field is owned by National Iranian Oil.


Production from Karanj

The Karanj conventional oil field recovered 87.62% of its total recoverable reserves, with peak production in 1974. The peak production was approximately 316 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 455.61 Mmboe, comprised of 455.61 Mmbbl of crude oil & condensate. Karanj conventional oil field reserves accounts 0.09% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Karanj conventional oil field

The key contractors involved in the Karanj project as follows.

Other Contractors: MAPNA Group

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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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