Introduction

The Ferdowsi oil field is located west of the South Pars gas field and near the Golshan gas field. Ferdowsi is 190 kilometers from Bushehr Port and 88 kilometers away from coastline.

The oil field was estimated to hold 31 billion barrels of oil in place with a production capacity of 70,000 b/d.

In 1966, a Swiss company explored the Ferdowsi oil field in the Persian Gulf, setting a record in the discovery of giant fields in Iran. The giant Ferdowsi oil field, which contains some gas in its 

Dalan and Kangan layers, is known to be the largest heavy crude oil field in the Middle East.

Drilling History

The first oil well in Ferdowsi was spudded in the year of its discovery in order to identify heavy crude oil layers. One year later, a second well was drilled to measure the potential of its gas layers.

based on studies conducted on the two wells, master development plan studies were carried out by Swiss Adax SA for the description of the Ferdowsi oil field whose studies signaled huge heavy crude oil there. 

Due to the significance of Ferdowsi’s heavy crude oil reserves, the National Iranian Oil Company (NIOC) instructed the Petroleum Engineering and Development Company (PEDEC) with 3D seismic testing, drilling two appraisal wells for a more precise assessment, and taking samples from the crude oil layers in order to submit a renewed MDP.

NIOC ordered the second well drilling (F2) in order to examine the gas potential in the Dalan, Kangan and Faraqoun layers, which proved positive.

In 2005, Adax SA appraised the Ferdowsi field based on the first and second wells and estimated the in-place oil at 35 billion barrels with a recovery rate of 6%.

The drilling of a third well started in April 2010 with a view to assessing the oil and gas layers of the field. Initial studies showed the existence of abundant heavy crude oil with various API gravities in the five layers, known as Bourgan, Daryan, Gadvan, Fahlyan and Sourmeh.

Development Plan

PEDEC is currently in talks with foreign companies to provide them with necessary information on the field. The foreign parties are required to sign memorandums of understanding before receiving more data.

In Phase 1, Ferdowsi would be producing 10,000 b/d, which would exceed 300,000 b/d in the next phases.

Owner:National Iranian Oil Company (NIOC)(Iran)

Operator:PEDEC(Iran)