Development Project of Yadavaran Oil Field
Main Objectives
Early Production Phase, 1st stage: 20,000 barrels of crude oil
Early Production Phase, 2nd stage: 50,000 barrels of crude oil
Phase 1: to reach a daily production of 85,000 barrels of crude oil (including the 1st and the 2nd stages of the early production). This phase is accomplished successfully.
Phase 2: to reach a daily production of 180,000 barrels of crude oil (including the Phase 1)
Phase 3: to reach a daily production of 300,000 barrels of crude oil (including the Phase 2)
Contract Type
Phase 1: buyback
Phases 2&3: under negotiation
Geographical Location
It lies 70 kilometers to the southwest of Ahwaz (North of Khoramshahr), i.e. it is a sharing field in Kushk and Hoseiniyeh area in Iran-Iraq borderline. It is about 45 kilometers in length and 15 kilometers in width. Latest studies, findings, appraisal well tests, and dynamic model of reservoir all show that the oil in place of the field is most likely to be over 34 billion barrels of crude oil.
Implementation Period
Phase 1 started in 2016 in presence of the president