Yaran is a producing heavy oil field located onshore Iran and is operated by Persia Oil & Gas Industry Development. 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 and Yaran. Buy the profile here.
An expansion project is associated with the Yaran, namely the Yaran Phase 2. This project is currently in the approval stage.
Field participation details
The field is owned by National Iranian Oil and Tadbir Energy Development Group.
Production from Yaran
The Yaran heavy oil field recovered 32.76% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 46.77 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071.
Remaining recoverable reserves
The field is expected to recover 180.21 Mmboe, comprised of 180.21 Mmbbl of crude oil & condensate. Yaran heavy oil field reserves accounts 0.42% of total remaining reserves of producing heavy oil fields globally.
For more details on the Yaran 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.
