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December 6, 2021updated 27 Apr 2022 11:46am

West Paydar Heavy Oil Field, Iran

By Carmen

West Paydar is a producing heavy oil field located onshore Iran and is operated by Zarubezhneft. The field is located in block West Paydar.

An expansion project is associated with the West Paydar, namely 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 44.83% of its total recoverable reserves, with peak production expected 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 320.08 Mmboe, comprised of 320.08 Mmbbl of crude oil & condensate. West Paydar heavy oil field reserves accounts 0.73% of total remaining reserves of producing heavy oil fields globally.


About Zarubezhneft

Zarubezhneft is an oil and gas company that explores and develops oil and gas properties. The company constructs, operates and designs 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 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.

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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