Balal Oil Field

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Summary Information

  • Operator: IOOC
  • Country: Iran
  • Location: The field is located 100 kilometers southwest of Lavan Island in the Persian Gulf
  • Production start:
  • Partners:
  • Type: Oil
  • Estimated Reserves: Initial recoverable reserves estimated at 100 million barrels
  • Production Volume:

+++ Description

  • Balal Oilfield is located 93 kilometers, southwest of Lavan Island.
  • The implementation of the project was carried out in the form of buyback contract in the second half of 2002.
  • The oil production of 40,000 barrels per day started from this field and transferred to Lavan Island by a 14-inch offshore pipeline.

+++ Contractors

  • **Seaway Heavy Lifting:** Installation of Balal Field Development

+++ History

  • 1999 - Elf and Bow Valley signs contract to develop the field
  • 2003 - Operatorship of the Production Platform has been transferred to the National Iranian Oil Company (NIOC)

+++ Geology

+++ Links