BAKU, Azerbaijan, May 27
By Elnur Baghishov – Trend:
As many as 19 oil and gas fields were discovered in Iran over the past 8 years (March 21, 2013 through March 20, 2021), head of the exploration department of the National Iranian Oil Company (NIOC) Saleh Hendi said, Trend reports citing Shana News Agency.
According to him, examples of these fields are the Namavaran, Yalda oil fields, Pazan and Iram gas fields.
Hendi added that thanks to these discoveries, Iran's crude oil reserves increased by 3.3 billion barrels and gas reserves by 72.8 trillion cubic feet (about 2.06 trillion cubic meters).
The official noted that new discoveries will be made in Iran's oil industry soon.
Reportedly, oil was discovered in Iran on May 26, 1908, for the first time.
There are currently 74 oil and 22 gas fields in Iran. So, 37 oil fields are operating in the territory of the National Iranian South Oil Company (NISOC), 14 fields – Iranian Central Oil Fields Company (ICOFC), 5 fields – Arvandan Oil and Gas Company (AOGC), and 18 oil fields – Iranian Offshore Oil Company (IOOC).
In addition, 5 gas fields are operating in the territory of the NISOC, 13 fields – the ICOFC, 1 field – Pars Oil and Gas Company (POGC) and 3 gas fields – the IOOC.
Iran’s total hydrocarbon reserves are estimated at 836 billion barrels. With available technology and equipment, Iran can extract 239 billion barrels. Thus, 29 percent of the country's hydrocarbon reserves are recoverable, while 71 percent remain underground.