BAKU, Azerbaijan, June 27. Iran is conducting research on the availability of hydrocarbon reserves in the Iranian part of the Gulf of Oman, head of Geophysical Research Group of Research Institute of Petroleum Industry (RIPI) Nasser Keshavarz said, Trend reports citing the institute’s website.
According to Keshavarz, the research was launched at the request of the National Iranian Oil Company (NIOC). Research is being conducted on the basis of satellite data on the presence of oil and gas in the Iranian part of the Gulf of Oman in 2017-2019.
The official added that during the research, various steps will be taken in the deep waters of the Gulf of Oman. So that, research will also be conducted into the possible dangers, costs, etc. of the extraction of hydrocarbon reserves.
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 1.2 trillion barrels. With available technology and equipment, Iran can extract 340 billion barrels. Thus, 30 percent of the country's hydrocarbon reserves are recoverable, while 70 percent remain underground.
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