Link here. Data points -- with a bit of politics and opinion throw in --
- Iran
- new oil reservoir called "Namavaran"
- previously proven reserves in the field: 31.3 billion bbls
- new proven reserve in the field: 22 billion bbls
- total proven reserve in the field: 53.3 billion bbls
- new recoverable oil with recovery rate of 10%: 2.2 billion bbls
- new oilfield -- estimates, 53 billion bbls or oil
- located in the country's oil-rich Khuzestan province
- will boost the country's reserves by a third
- Iran: fourth-largest reserve holder of oil; second-largest holder of gas reserves
- no wonder "we" have sanctions on Iran
- as Ill-Hand Omar would say: it's all about the Benjamins
- country waiting for new leadership in Washington when all sanctions could be lifted
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