Sepehr is a conventional oil development located onshore Iran and is operated by Pasargad Energy Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Sepehr was discovered in 2013, lies in block Sepehr. Buy the profile here.
The project is currently in commissioning stage and is expected to start commercial production in 2023. The Sepehr conventional oil development will involve the drilling of approximately 17 wells.
Field participation details
The field is owned by Pasargad Energy Development.
Production from Sepehr
Production from the Sepehr conventional oil development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 53,984 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2075.
Remaining recoverable reserves
The field is expected to recover 616.20 Mmboe, comprised of 616.20 Mmbbl of crude oil & condensate.
Contractors involved in the Sepehr conventional oil field
Some of the key contractors involved in the Sepehr project as follows.
Main EPC: Iran International General Contractor and Rahbord Energy
Other Contractors: National Iranian Oil, MAPNA Group, Oil Industries' Engineering and Construction, Hirbodan and Namvaran Consulting Engineers Managers
About Pasargad Energy Development
Pasargad Energy Development Co (Pasargad Energy) is a company that explores, produce and refine petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. The company is headquartered in Iran.
For more details on the Sepehr 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.
