Economy of Resistance: Production and Job Creation
2017 25 April Fa

Development Project of Belal Oil Field

Geographical Location

98 kilometers to the southwest of Lavan Island in the Persian Gulf, close to Iran-Qatar marine border

Main Objectives

Daily production of 40,000 barrels of crude oil through drilling of 5 production wells and 5 injection wells to inject 50,000 barrels of water per day for pressure-boosting of the reservoir

Main Contractor(s)

ELF Petroleum Iran, BOW Valley Iran Ltd, and AGIB Iran B. V.

11 / 3 / 2017