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November 30, 2021updated 27 Apr 2022 12:20pm

Parsi Conventional Oil Field, Iran

By Carmen

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

An expansion project is associated with the Parsi, namely 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 90.99% of its total recoverable reserves, with peak production in 1973. The peak production was approximately 445 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 189.27 Mmboe, comprised of 189.27 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: MAPNA Group, National Iranian Oil and Schlumberger

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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