Iran oil reserves discovery

Tehran: Iran discovered an oilfield containing the equivalent of 53 billion barrels, potentially boosting its reserves as the Opec member struggles to overcome the effects of sanctions on its Namavaran discovery increases Iran crude oil reserves by a third. The discovery, which has been named Namavaran, represents a significant addition to Iran’s crude oil assets – expanding them by about a third – and is the second-biggest oil field after the 65-billion barrel Ahvaz site. TEHRAN, Iran -- Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves TEHRAN, Iran — Iran’s oil minister said Monday that an oil field whose discovery President Hassan Rouhani announced over the weekend adds only 22.2 billion barrels to the country’s estimated

Right now, Iran says it has some 150 billion barrels of proven crude oil reserves. He said the discovered field was located in Iran’s oil-rich Khuzestan province covering a 24,000 s/km area

Iran has discovered a new oil field in the country’s south with over 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country’s proven reserves by a TEHRAN — Iran has discovered a new oil field in the country’s south with more than 50 billion barrels of crude, its president said Sunday, a find that could boost the country’s proven reserves by a Right now, Iran says it has some 150 billion barrels of proven crude oil reserves. He said the discovered field was located in Iran’s oil-rich Khuzestan province covering a 24,000 s/km area

Nov 10, 2019 TEHRAN – Iranian President Hassan Rouhani announced on Sunday the discovery of a major oil field with an estimated in-place reserve of 53

Nov 11, 2019 Ahead of the Saudi Aramco IPO, Iran has disclosed the discovery of new crude oil reserves raising questions over intentions and motivations. Nov 11, 2019 the president of the Islamic Republic of Iran, revealed Sunday that Iran has discovered a new oil field with 53 billion barrels of reserves Nov 12, 2019 Iran's Oil Minister Bijan Zanganeh has said the oil reservoir recently discovered in the southwestern province of Khuzestan is the second larges. terms of oil reserves and the second in terms of gas reserves, behind Russia. Nov 10, 2019 Iran has discovered a new oilfield in the southwest of the country that has the potential to boost its reserves by about a third, President Hassan

Nov 14, 2019 This discovery—nor future discoveries, really—are unlikely to change the dire conditions of Iran's oil production and exports any time soon.

TEHRAN — Iran has discovered a new oil field in the country’s south with more than 50 billion barrels of crude, its president said Sunday, a find that could boost the country’s proven reserves by a Right now, Iran says it has some 150 billion barrels of proven crude oil reserves. He said the discovered field was located in Iran’s oil-rich Khuzestan province covering a 24,000 s/km area At present, Iran says it possesses some 150 billion barrels of proven crude oil reserves. If the new discovery proves accurate, it would boost Iran’s crude oil reserves by a third and become the Tehran (AFP) - Iran has discovered a massive new oil field, President Hassan Rouhani said Sunday, a find that would boost its proven reserves by about a third in a rare piece of "good news" for an economy battered by US sanctions.

“This is the first time we’ve reached oil in the Abadan region,” Zanganeh said, adding that the grade was very light and sweet, but giving no details regarding the amount of reserves contained in the reservoir. Iran has continued to pursue new oil production opportunities despite US sanctions that have reduced its crude oil exports significantly although probably not as significantly, to date, as planned.

Nov 10, 2019 TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country's a find that could boost the country's proven reserves by a third as it