West Paydar is a producing heavy oil field located onshore Iran and is operated by Zarubezhneft. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block West Paydar. Buy the profile here.
An expansion project is associated with the West Paydar, namely the West Paydar Redevelopment. This project is currently in the feed stage.
Field participation details
The field is owned by Dana Energy and Zarubezhneft.
Production from West Paydar
The West Paydar heavy oil field recovered 47.22% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 37.97 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2078.
Remaining recoverable reserves
The field is expected to recover 306.21 Mmboe, comprised of 306.21 Mmbbl of crude oil & condensate. West Paydar heavy oil field reserves accounts 0.71% of total remaining reserves of producing heavy oil fields globally.
Zarubezhneft is an oil and gas company that explores and develops oil and gas properties. The company constructs, operate and design oil refineries, tank farms and pipeline systems for storage, transportation and marketing operations. Its services include engineering, design and account evaluation documentation, oil enhancement recovery technologies, construction of offshore facilities, facility up-gradation, staff training, and export-import operations for technological equipment, among others. The company offers the design, construction and operation of refining facilities, tank farms and pipeline systems. It develops oil and gas exploration projects in Croatia, Jordan, Russia, Turkmenistan, Uzbekistan, Vietnam and Cuba. Zarubezhneft is headquartered in Moscow, Russia.
For more details on the West Paydar Heavy Oil Field, buy the profile here.