Resistive Economy in Action
2017 24 March Fa

Development Project of North Yaran Oil Field

Geographical Location

Yaran Oil Field is 130 kilometers to the west of Ahwaz. It is a sharing field in Iran-Iraq borderline which is mostly located in Iraq

Main Objectives

Early production Phase: production of 2,000 barrels of crude oil per day within 9 months starting from February 2013

Final production phase: daily production of 30,000 barrels of crude oil per day within 52 months from the effective date of the HOA

Contract Type

Buyback

10 / 3 / 2017