IRAN

Persias Land of Black Gold

Credit: https://c27b138bfbc656020922-b89bdd75c49bd02809eb2d9543f75710.ssl.cf2.rackcdn.com/wp-content/uploads/2014/06/2012-
World-Reserves.jpg
World Oil Reserves
Irans Oil Reserve
Credits: http://www.energybc.ca/profiles/oil.html
Irans Gas Reserves
Quality and Type of
Oil
Accessibility of Oil
Potential Based on
Petroleum Geology
Geographical
location
Our focus
Dezful Embayment
WHY?
SOURCE ROCKS
&
MIGRATION
Source Rocks Location
Zagros Foldbelt (SW Iran), the southern part of the
Gulf (Iran, Qatar, and Abu Dhabi) and Saudi Arabia

v
Pabdeh Source Rocks
&
KAZHDUMI Source
Rocks
PADBE
H
KAZHDU
MI
ROCK-EVAL Pyrolysis
method
Migration
Reservoir Rocks
Asmari, Bangestan and Khami Reservoir formations.
The Asmari and Bangestan formations hold
significantly more oil than the Khami reservoir which is
currently in the exploratory stage.


Current Oil Producing Capacity
Asmari Bangestan Khami
Traps and
Seals
Gachsaran
Formation
Hith Formation
Gurpi Formation
Schematic stratigraphy and source rocks-reservoir-seal
relationships for the Dezful Embayment and neighbouring areas.
The principal source rocks are indicated by green flags and
marginal ones by white flags. Reservoirs (Res), and seals are also
indicated (after Bordenave and Burwood, 1995)
Salt
Anhydr
ite
Shale
Dolomit
e
Traps
anticlinal structures
SW-NE trending balanced cross-section through the SE part of the Dezful Embayment, from Kuh-e
Dinar to Binak (after Sherkati and Letouzey, 2004)
Anticlines
Production
methods and
history
Production history
Three Dimensional
Seismic Imaging
Horizontal drilling

United
Nations
Europea
n Union
US
Beijing
Australia
Switzerland
Political
restrictions from
different
countries
Canada
India
Political Sanctions
Reasons for Sanctions:

Irans continued illicit nuclear
activities
Iran Welcomes Foreign Companies
Summary
Oil Reserves
Source and
reservoir rocks
Geographic
locations
Existing
production
methods are
suitable
Political and
economical
environment
Recent developments
Reuters Oct 14 - Oil prices have fallen
20% since June.
Due to
o High level of production compared to demand
o US shale oil revolution.

Iran depends on high oil prices to spur
economic recovery and offset the
adverse effects of sanctions.

Credit: http://www.turkishweekly.net/news/173226/decline-in-oil-prices-a-milestone-
or-a-temporary-change-in-the-global-economic-system.html
Implications

Iran slashed its oil prices in order to stay competitive


The time maybe ripe to stock up on oil reserves and
to explore new avenues of oil
Credit: http://online.wsj.com/articles/iran-slashes-oil-prices-to-asia-following-saudi-cut-
1412936221
Thank you for your
attention