Project Profile
Value: US$1,000 million
Location: Southwestern Iran
Start-up Year: 2014
Peak Production: 55,000 barrels a day
The Zagheh field, located in southwestern Iran, will start production within 24 months with a volume of about 7,000 barrels a day of heavy crude, and output will eventually rise to 55,000 barrels a day. The Zagheh field had been inactive for several years.
Operators:
Tatneft
Petroleum Engineering and Development Company (PEDEC)