Future oil and gas: Can Iran deliver?

Journal Article · Fri Nov 01 04:00:00 EST 1996 · World Oil

OSTI ID:404486

Takin, M ^[1]

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1. Centre for Global Energy Studies, London (United Kingdom)

Iran`s oil and gas production and exports constitute the country`s main source of foreign exchange earnings. The future level of these earnings will depend on oil prices, global demand for Iranian exports, the country`s productive capability and domestic consumption. The size of Iranian oil reserves suggests that, in principle, present productive capacity could be maintained and expanded. However, the greatest share of production in coming years still will come from fields that already have produced for several decades. In spite of significant remaining reserves, these fields are not nearly as prolific as they were in their early years. The operations required for further development are now more complicated and, in particular, more costly. These fields` size also implies that improving production, and instituting secondary and tertiary recovery methods (such as gas injection), will require mega-scale operations. This article discusses future oil and gas export revenues from the Islamic Republic of Iran, emphasizing the country`s future production and commenting on the effects of proposed US sanctions.

• OSTI ID: 404486
• Journal Information: World Oil, Journal Name: World Oil Journal Issue: 11 Vol. 217; ISSN 0043-8790; ISSN WOOIAS
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
COMPILED DATA
ECONOMICS
ENERGY DEMAND
ENHANCED RECOVERY
EXPORTS
FORECASTING
HISTORICAL ASPECTS
IRAN
NATURAL GAS
NATURAL GAS INDUSTRY
PETROLEUM
PETROLEUM INDUSTRY