North Azadegan is a producing heavy 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 North Azadegan, namely the North Azadegan Phase 2 . This project is currently in the approval stage, expected to start in 2023.
Field participation details
The field is owned by National Iranian Oil.
Production from North Azadegan
The North Azadegan heavy oil field recovered 32.62% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 77.60 thousand bpd of crude oil and condensate and 40.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2081. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 383.82 Mmboe, comprised of 327.67 Mmbbl of crude oil & condensate and 336.87 bcf of natural gas reserves. North Azadegan heavy oil field reserves accounts 0.89% of total remaining reserves of producing heavy oil fields globally.
Contractors involved in the North Azadegan heavy oil field
The key contractors involved in the North Azadegan project as follows.
Other Contractors: China Petroleum Pipeline Commissioning and Operation
For more details on the North Azadegan Heavy 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.
