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Iran's oil & gas production, 1970–2009 data, 2010–2030 projected Iran's Petroleum production and consumption, 1977-2010. Iran's total oil production reached a peak level of 6.6 Mbbl/d (1,050,000 m 3 /d) in 1976. By 1978, Iran had become the second-largest OPEC producer and exporter of crude oil and the fourth-largest producer in the world ...
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Iran has more than a century of history in exploration and production; the first successful exploration well was Masjid Suleiman-1 on May 26, 1908. Since then, based on the latest oil and gas reports, 145 hydrocarbon fields and 297 oil and gas reservoirs have been discovered in Iran, with many fields having multiple pay zones. A total of 102 ...
According to the National Iranian Oil Company, Iran's average daily production of crude oil stood at 4 million barrels (640,000 m 3) per day. Of this amount, 55% was exported and the remainder was consumed domestically. [13] As of 2010, oil income accounts for 80% of Iran's foreign currency revenues and 60% of the nation's overall budget.
Iran, a founding member of the Organization of the Petroleum Exporting Countries (OPEC), is responsible for more than 3 million barrels of crude oil production per day.
Iran Iraq Russia Saudi Arabia United States Venezuela BP [1] 168.1 157.8 145.0 107.8 297.5 ... Oil production Dec 2023 (bbl/day) [9] Years of production in reserve
After 2003 Iran made some significant discoveries which led to addition of another 7.7 billion barrels (1.22 × 10 9 m 3) of oil to the recoverable reserves of Iran. [23] The vast majority of Iran's crude oil reserves are located in giant onshore fields in the south-western Khuzestan region near the Iraqi border. Overall, Iran has 40 producing ...
Oil market forecasters see the potential for geopolitical risks relating to Russia and Iran, which could put upward pressure on crude prices. ... selling its production at an average of $55.77 per ...