Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory

Document Type : Original Scientific Paper


1 Faculty of Management, University of Tehran, Kish International Campus‎, ‎I‎. ‎R‎. ‎Iran

2 ‎Faculty of Management, ‎University of Tehran, ‎I‎. ‎R‎. ‎Iran


One of Iran's problems in the production of common oil and gas fields is unequal extraction‎. ‎Therefore‎, ‎the production of common oil and gas fields in onshore and offshore is essential for Iran‎, ‎so this must carefully monitor‎, ‎which can be considered as a game-liked approach‎, ‎that each player tries to increase its payoff‎. ‎Therefore‎, ‎the purpose of this study is to apply game theory in examining Iran's approaches to extracting from common oil fields‎. ‎For this purpose‎, ‎the present study seeks to design a mathematical model to optimize the production of Iran against a competitor using a game‎. ‎Since the proposed model is in the field of mathematical modeling‎, ‎the research strategy is a case study‎. ‎Meanwhile‎, ‎the data-gathering tool is descriptive‎. ‎The results showed that Iran's equilibrium in Forouzan oil field is cooperation‎, ‎and the equilibrium of Saudi Arabia is non-cooperation‎. ‎Finally‎, ‎the executive policies based on research results presented‎.


[1] L. Argha (in Persian), Investigating the Sanctions on Iran’s Oil and Gas Section Using Game Theory, MSc Thesis, Tarbiat Modares University, 2011.
[2] E. Bayati, B. Safavi and A. Jafarzadeh (in Persian), Iran-Qatar cooperation in extracting common gas reserves of south pars (north dome) with emphasis on game theory, Q. J. Econ. Model. Res. 45 (1) (2019) 47 − 72.
[3] J. C. B. Cooper, Price elasticity of demand for crude oil: estimates for 23 countries, OPEC Rev. 27 (1) (2003) 1 − 8.
[4] S. Dosenrode, Federalism theory and neo-functionalism: elements for an analytical framework, Perspect. Fed. 2 (3) (2010) 1 − 28.
[5] A. Emami Meybodi, J. Kashani, G. Abdoli, A. Taklif and P. Fotouhi Mozafarian (in Persian), Review of Iran and Iraq strategies for exploitation of common oil fields, Quar. Ener. Eco. Rev. 15 (60) (2019) 24 − 50.
[6] M. Esmaeili, A. Bahrini and S. Shayanrad, Using game theory approach to interpret stable policies for Iran’s oil and gas common resource conflicts with Iraq and Qatar, Anim. Genet. 11 (4) (2015) 543 − 554.
[7] W. Gao, P. R. Hartley and R. C. Sickles, Optimal dynamic production from a large oil field in Saudi Arabia, Empir. Econ. 37 (2009) 153 − 184.
[8] A. Ghavam (in Persian), Principles of foreign policy and international policy,  SAMT Org. Pub, Tehran, 2011.
[9] H. Hajiani (in Persian), Legal and contractual solutions for the exploitation of common oil and gas fields, New Sci. Approach Conf. Iran. Humanit. 2017.
[10] V. Havas, War of attrition in the Arctic offshore: Technology spillovers and risky investments in oil and gas extraction, MSc Thesis, University of Oslo, 2015.
[11] J. Kashani (in Persian), Legal status of oil and gas deposits across national frontiers, Law. Rev. 25 (39) (2009) 165 − 219.
[12] F. G. Lakkis, Where is the alloimmune response initiated?, Am. J. Transplant. 3 (3) (2003) 241 − 242.
[13] S. Lozano, P. Moreno, B. Adenso-Díaz, and E. Algaba, Cooperative game theory approach to allocating benefits of horizontal cooperation, Eur. J. Oper. Res. 229 (2) (2013) 444 − 452.
[14] A. Mirzaalian, M. Kermanshah and M. Moayedi (in Persian), Technical and legal approaches to the development of common oil and gas fields, Sci. Mon. Promot. Oil Gas Explor. Prod. 128 (2015) 19 − 23.
[15] T. Mohammadi and M. Motamedi (in Persian), Dynamic optimization of oil production in Iran (Case study of Haftgel oil field with emphasis on conservation production), Econ. Res. Rev. 10 (38) (2010) 235 − 265.
[16] A. Niemann and P. C. Schmitter, Neo-functionalism, in: A. Wiener and T. Diez (eds), Theories of European Integration, Oxford Univ. Press, 2nd Edition (2009) pp. 45 − 66.
[17] E. Nojomi and F. Darvishi (in Persian), Iran joint hydrocarbon reservoirs in the Persian Gulf region challenges and opportunities, geography, Sci. J. Geogr. Soc. Iran 5 (12-13) (2007) 167 − 186.
[18] S. Shahbazi and K. Soleimanian, Iran’s strategy in utilizing common resources of oil and gas: Game Theory Approach, Iran. J. Econ. Res. 6 (2) (2017) 185 − 202.
[19] M. Shalbaf and A. Maleki (in Persian), Best interaction policy in joint fields governance between states; the case of Iraq-Iranian joint fields, Public Policy 1 (4) (2016) 41 − 60.
[20] H. Zonnoor and S. Matin (in Persian), Optimal oil Production in Iran: A dynamic programming model, the Journal of Plan. Budg. 20 (4) (2016) 107−136.