Lab-e-Safid is a producing conventional oil field located onshore Iran and is operated by Masjid-E-Soleyman 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 Lab-e-Safid
The Lab-e-Safid conventional oil field recovered 85.65% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 40.37 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062.
Remaining recoverable reserves
The field is expected to recover 86.03 Mmboe, comprised of 85.89 Mmbbl of crude oil & condensate and 0.83 bcf of natural gas reserves. Lab-e-Safid conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
For more details on the Lab-e-Safid 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.
