Darquain is a producing conventional oil field 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, the field is located in block West Karoun. Buy the profile here.
An expansion project is associated with the Darquain, namely the Darquain-3 Development. This project is currently in the commissioning stage.
Field participation details
The field is owned by National Iranian Oil.
Production from Darquain
The Darquain conventional oil field recovered 41.24% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 219.18 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,174.96 Mmboe, comprised of 1,174.96 Mmbbl of crude oil & condensate. Darquain conventional oil field reserves accounts 0.26% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Darquain conventional oil field
The key contractors involved in the Darquain project as follows.
Main EPC: Iran Itok
For more details on the Darquain Conventional Oil Field, buy the profile here.