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December 8, 2021

Yaran Heavy Oil Field, Iran

By Carmen

Yaran is a producing heavy oil field located onshore Iran and is operated by Persia Oil & Gas Industry Development. The field is located in block West Karoun and Yaran.

An expansion project is associated with the Yaran, namely South Yaran Development. This project is currently in the commissioning 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 22.18% 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 208.56 Mmboe, comprised of 208.56 Mmbbl of crude oil & condensate. Yaran heavy oil field reserves accounts 0.46% of total remaining reserves of producing heavy oil fields globally.


Contractors involved in the Yaran heavy oil field

The key contractors involved in the Yaran project as follows.

EPC Contractors: Persia Oil & Gas Industry Development

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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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