Azar is a producing conventional oil field located onshore Iran and is operated by Iranian Central Oil Fields. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Anaran. Buy the profile here.
Field participation details
The field is owned by National Iranian Oil.
Production from Azar
The Azar conventional oil field recovered 23.65% of its total recoverable reserves, with peak production in 2021. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 1% of the country’s daily output.
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.
For more details on the Azar Conventional Oil Field, buy the profile here.