The Paydar oil field is a joint oil field between Iran and Iraq, located in Khuzestan Province, southwestern Iran, near the Iran-Iraq border. Due to its geographical location, oil reserves, and strategic significance, Paydar is one of Iran’s key oil fields. It is divided into two sections: West Paydar and East Paydar.
The Paydar oil field has rich reserves of oil, primarily consisting of heavy and medium-heavy crude. It is considered one of Iran's high-potential fields, playing a significant role in the country’s oil production. Some key characteristics of the oil produced in this field include:
• Heavy and Medium-Heavy Crude: Requires advanced processes for extraction and refining.
• High Reserves: Due to its substantial reserves, this field plays a crucial role in boosting Iran's oil production capacity.
West Paydar currently operates with a production capacity of approximately 50,000 to 60,000 barrels of crude oil per day. East Paydar has a similar production capacity. With development plans underway, it is expected that production from these fields will increase in the coming years.
One of the main challenges in the Paydar oil field is competition with Iraq for extracting the shared reserves. Additionally, due to the heavy and medium-heavy nature of the crude, extraction requires advanced technologies like gas injection and precise drilling. International sanctions have also posed challenges to the field's development.
As a shared field with Iraq, Paydar holds significant economic and strategic value. The oil produced from this field contributes to Iran's domestic energy supply and crude oil exports. Additionally, its development is crucial for maintaining Iran’s standing in global oil markets.
There are ongoing development plans aimed at increasing production from both West and East Paydar fields. These plans include increasing the number of wells and improving extraction technologies, which will enhance efficiency and boost production capacity.
