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November 22, 2021

Rag-e-Safid Conventional Oil Field, Iran

By Carmen

Rag-e-Safid 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 Rag-e-Safid, namely Rag-e-Safid Development . This project is currently in the construction stage.

Field participation details

The field is owned by National Iranian Oil.


Production from Rag-e-Safid

The Rag-e-Safid conventional oil field recovered 80.25% of its total recoverable reserves, with peak production in 1974. The peak production was approximately 313.49 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 752.55 Mmboe, comprised of 752.55 Mmbbl of crude oil & condensate. Rag-e-Safid conventional oil field reserves accounts 0.16% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Rag-e-Safid conventional oil field

The key contractors involved in the Rag-e-Safid project as follows.

Other Contractors: MAPNA Group

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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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