Arvand is a conventional oil development located onshore Iran and is operated by Arvandan Oil & Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Arvand was discovered in 2008, lies in block Arvand (2016). Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by National Iranian Oil.
Production from Arvand
Production from the Arvand conventional oil development project is expected to begin in 2025 and is forecast to peak in 2041, to approximately 20,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 122.87 Mmboe, comprised of 122.87 Mmbbl of crude oil & condensate.
Contractors involved in the Arvand conventional oil field
The key contractors involved in the Arvand project as follows.
Other Contractors: Pars Petro Zagros Engineering & Services
For more details on the Arvand Conventional Oil Field, buy the profile here.
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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.
