Comprehensive and Integrated Legal ‎Management of Oil and Gas Reservoirs

In countries such as Iran, which have old and aging reservoirs and most of these reservoirs are in last years of their lives, optimal operation and increase of productivity in the oil and gas industry through management systems has been predicted in the energy strategy documents. This indicates an integrated legal management approach to oil and gas reservoirs in the Country is necessary. Not only is this concept not standardized in the laws and regulations of the Country, its elements and processes are not properly explained yet. Therefore, in this article, while explaining the nature of this concept and its elements and processes, the theory of comprehensive and integrated legal management of oil and gas reservoirs is proposed. And the elements of integrated management of oil and gas reservoirs, including environmental, geological, technical, technology, economical, financing and legal and contractual considerations were determined. On the other hand, the implementation of this concept and its elements require the appointment of its responsible institution. Therefore, the National Iranian Oil Company has been introduced as the responsible institution to monitor its proper implementation of comprehensive and integrated legal management of the country's oil and gas reservoirs.