Project Profile
Value: $500 Million
Location: 45 km off north-west of Ahvaz city, Khuzestan province
Reserves: 8.8 billion barrels OOIP
Discovery year: 1967
Start-up year: 2014
The project will see the development of a newly discovered oil field in south western Iran, with 8.8 billion barrels of in-place oil reserves. It is the largest oil field discovered in Iran in the last five years and is located in the Khuzestan province.
The drilling operation has been successfully completed. (June, 2011)
Operators:
National Iranian Oil Company (NIOC)
Khatam ul-Anbia (Ghorb)