Gachsaran is a producing conventional oil field located onshore Iran and is operated by Gachsaran Oil and Gas Producing. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.

Field participation details

The field is owned by National Iranian Oil.

Production from Gachsaran

The Gachsaran conventional oil field recovered 91.51% of its total recoverable reserves, with peak production in 1976. The peak production was approximately 1,050.40 thousand bpd of crude oil and condensate and 226.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 8% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 1,753.41 Mmboe, comprised of 1,623.47 Mmbbl of crude oil & condensate and 779.62 bcf of natural gas reserves. Gachsaran conventional oil field reserves accounts 0.39% of total remaining reserves of producing conventional oil fields globally.

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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.