Parsi is a producing conventional oil field located onshore Iran and is operated by Aghajari 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.

An expansion project is associated with the Parsi, namely the Parsi Expansion. This project is currently in the construction stage.

Field participation details

The field is owned by National Iranian Oil.

Production from Parsi

The Parsi conventional oil field recovered 91.90% of its total recoverable reserves, with peak production in 1973. The peak production was approximately 445.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 1% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 170.13 Mmboe, comprised of 170.13 Mmbbl of crude oil & condensate. Parsi conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.

Contractors involved in the Parsi conventional oil field

Some of the key contractors involved in the Parsi project as follows.

EPC Contractors: MAPNA Group

Other Contractors: Schlumberger, National Iranian Oil and MAPNA Group

For more details on the Parsi Conventional Oil Field, buy the profile here.


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.