Balal Oil and Gas Field (Iran)

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Balal Oil and Gas Field is an operating oil and gas field in Iran.

Project Details

Main Data

Table 1: Field-level project details for Balal Oil and Gas Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Balal Operating[1] Iranian Offshore Oil Company[2] National Iranian Oil Company (100.0%)[2] 1967[3] 2003[4]

Production and Reserves

Table 2: Reserves of Balal Oil and Gas Field

million bbl = million barrels of oil
Fuel Description Reserve Classification Quantity Units Data Year Source
condensate condensate in place 3.1 million bbl 2007 [5]
condensate recoverable reserves 2.2 million bbl 2007 [5]
condensate condensate in place 3.4 million bbl 2007 [5]
condensate recoverable reserves 2.2 million bbl 2007 [5]
gas condensate recoverable reserves 183 million bbl [not stated] [6]
oil oil in place 530 million bbl 2007 [5]
oil recoverable reserves 167.1 million bbl 2007 [5]
oil primary reserves 111.4 million bbl 2007 [5]
oil secondary reserves 55.7 million bbl 2007 [5]
oil remaining reserves 55.7 million bbl 2007 [5]
oil reserves 100 million bbl 2001 [7]

Table 3: Production from Balal Oil and Gas Field

million m³/y = million cubic meters per year million bbl/y = million barrels of oil per year
Category Fuel Description Quantity Units Data Year Source
production oil 14.6 million bbl/y 2021 [8]
production design capacity gas 5110 million m³/y 2022 [9]

Location

Table 4: field-level location details for Balal Oil and Gas Field

Location Coordinates (WGS 84)
Offshore, Iran[10] 26.3028, 52.5359 (exact)[10]

The map below shows the exact location of the field:

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Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. https://web.archive.org/web/20220831031046/https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3269898. Archived from the original on 31 August 2022. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 (PDF) https://web.archive.org/web/20210917151204/https://www.nioc.ir/portal/file/?175586/catalog-nioc-en.pdf. Archived from the original (PDF) on 17 September 2021. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20211025141219/http://www.iranoilgas.com/fields/details?id=16&title=Balal+(Oil)&type=oil. Archived from the original on 25 October 2021. {{cite web}}: Missing or empty |title= (help)
  4. https://web.archive.org/web/20210626100303/https://www.offshore-mag.com/home/article/16770982/balal-field-reaches-production-level-of-40000-bd. Archived from the original on 26 June 2021. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 (PDF) https://web.archive.org/web/20230329014550/http://pubs.geoscienceworld.org/geoarabia/article-pdf/12/2/69/5443178/husseini.pdf. Archived from the original (PDF) on 29 March 2023. {{cite web}}: Missing or empty |title= (help)
  6. https://web.archive.org/web/20210628035936/https://www.nrgedge.net/project/balal-field. Archived from the original on 28 June 2021. {{cite web}}: Missing or empty |title= (help)
  7. https://web.archive.org/web/20210627195110/https://www.ogj.com/exploration-development/article/17264038/eni-takes-stake-in-iranian-field. Archived from the original on 27 June 2021. {{cite web}}: Missing or empty |title= (help)
  8. https://web.archive.org/web/20211128194940/https://sazeh.co.ir/Project/Details/Balal-Field-Development. Archived from the original on 28 November 2021. {{cite web}}: Missing or empty |title= (help)
  9. https://web.archive.org/web/20210628015159/http://www.xinhuanet.com/english/2019-09/15/c_138393437.htm. Archived from the original on 28 June 2021. {{cite web}}: Missing or empty |title= (help)
  10. 10.0 10.1 https://web.archive.org/web/20211129095022/https://pubs.geoscienceworld.org/geoarabia/article/12/2/69/567100. Archived from the original on 29 November 2021. {{cite web}}: Missing or empty |title= (help)