Changuleh is a conventional oil development located onshore Iran and is operated by National Iranian Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Changuleh was discovered in 1999, lies in block Anaran. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project was approved in 2022. The Changuleh conventional oil development will involve the drilling of approximately four wells.
Field participation details
The field is owned by National Iranian Oil.
Production from Changuleh
Production from the Changuleh conventional oil development project is expected to begin in 2026 and is forecast to peak in 2035, to approximately 50,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 214.13 Mmboe, comprised of 214.13 Mmbbl of crude oil & condensate.
Contractors involved in the Changuleh conventional oil field
The key contractors involved in the Changuleh project as follows.
Other Contractors: Tehran Raymand Consulting Engineers
About National Iranian Oil
National Iranian Oil Co (NIOC) is an oil and gas company that offers exploration service. It develops, produces, refines, markets and sells crude oil, natural gas and other petroleum products. It explores for hydrocarbon such as oil, NGL, gas, and condensates. NIOC conducts drilling operations through seven wells, testing six exploration wells. The company holds liquid hydrocarbons and natural gas. It operates through seventeen production companies, seven managements, eight technical service companies, six administrative units and five organizational units. NIOC is headquartered in Tehran city, Tehran, Iran.
For more details on the Changuleh 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.
