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April 28, 2022

Mond-Kaki-Bushgan Conventional Oil Field, Iran

By Carmen

Mond-Kaki-Bushgan is a conventional oil development located onshore Iran and is operated by Iranian Central Oil Fields. Discovered in 1931

The project is currently in approval stage and is expected to start commercial production in 2024.

Field participation details

The field is owned by National Iranian Oil.


Production from Mond-Kaki-Bushgan

Production from the Mond-Kaki-Bushgan conventional oil development project is expected to begin in 2024 and is forecast to peak in 2029, to approximately 30,245 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2080.


Remaining recoverable reserves

The field is expected to recover 183.34 Mmboe, comprised of 183.34 Mmbbl of crude oil & condensate.


Contractors involved in the Mond-Kaki-Bushgan conventional oil field

The key contractors involved in the Mond-Kaki-Bushgan project as follows.

Other Contractors: International Naft Gas Prom Pars

About Iranian Central Oil Fields

Iranian Central Oil Fields Co (ICOFC), a subsidiary of Iran Ministry of Petroleum is an oil and gas company that explores and produces oil and gas resources. The company’s products include crude oil, gas, household gas, industrial gas and natural gas resources. It offers services such as health, safety, and environmental issues solutions, policy making, production and development, reservoir development, quality management services and production facilities operation services. ICOFC also operates and manages gas fields, oil fields, and reservoirs and produces oil and gas resources. The company produce and develops onshore fields in Illam, Boshehr, Charmahal-Bakhtiari, Northern Khorasan, Khozestan, Fars, Qom, Kermanshah, Kohgiloyeh-Boyerahmad, Lorestan and Hormozgan Provinces. It caters its products and services to oil and gas industry. ICOFC is headquartered in Tehran, Iran.

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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