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Natural gas



Yadavaran field

The field is one of Iran's most recent giant discoveries and one of the top 5 global discoveries of the last 20 years

Yadavaran field

It is located onshore around 70 km southwest of the city of Ahvaz in southwest Iran.
It was originally thought to be 2 discrete discoveries - Kushk and Hosseinieh - but is now known to be a single field.

Yadavaran is estimated to hold 30 billion barrels of oil in place, 35% of which is light oil in the Fahlian layer.

Experts have also said the field contains about 12.5 tcf of associated gas and 1.9 billion barrels of gas condensate.
By estimate, about 2.7 tcf of gas and 397 million barrels of condensate are recoverable.

On December 2007, Iranian NIOC and Chinese Sinopec signed the final agreement for development of Yadavaran oil field.
The field was agreed to be developed in 3 phases.
Based on the contract field will reach to the 180,000 bbl/d (29,000 m3/d) of production capacity.

Total project cost at around $2 billion.
The field will be developed under an enhanced Iranian buyback contract.