Ahwaz-Bangestan is a producing heavy oil field located onshore Iran and is operated by Karoon Oil and Gas Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ahwaz Bangestan. Buy the profile here.

Field participation details

The field is owned by National Iranian Oil.

Production from Ahwaz-Bangestan

The Ahwaz-Bangestan heavy oil field recovered 82.84% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 182.45 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060. The field currently accounts for approximately 2% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 582.04 Mmboe, comprised of 582.04 Mmbbl of crude oil & condensate. Ahwaz-Bangestan heavy oil field reserves accounts 1.35% of total remaining reserves of producing heavy oil fields globally.

For more details on the Ahwaz-Bangestan Heavy Oil Field, buy the profile here.


GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.