Our Portfolio
FOC is a leading petrochemical company based in Iran, with focused operations in bitumen and LPG production. We strive to be a leading energy producer, delivering sustainable returns through the efficient and responsible development of our diversified asset base.
Permian Basin
FOC’s assets are primarily located in key petrochemical regions across Iran. We currently hold approximately 600,000 net acres of strategic land, with our development activities primarily focused on bitumen and LPG production. In 2024, we achieved sustainable and efficient production from these assets, contributing significantly to the company’s total output.
By the end of 2024, we had over 1,160 active wells across our projects, with a high percentage of them being directly operated by FOC. During 2024, we invested over $1 billion in development projects, driving growth in production and expanding new projects in the petrochemical sector.
In January 2025, we completed several strategic acquisitions, adding approximately 50,000 net acres in new bitumen and LPG production areas in Iran and expanding our portfolio with over 290 active wells.
Marcellus Shale
FOC’s assets are primarily located in key petrochemical regions across Iran, where we currently hold approximately 600,000 net acres of strategic land. Our development activities are primarily focused on bitumen and LPG production, and in 2024, we achieved significant production from these resources, representing a substantial portion of the company’s total output.
By the end of 2024, we had over 1,130 active wells across our projects, with a high percentage of them being directly operated by FOC. During 2024, we invested over $300 million in drilling and completion projects, continuing to expand our operations and focus on improving efficiency and product quality.
Anadarko Basin
FOC’s assets are primarily located in key petrochemical regions across Iran, where we currently hold approximately 600,000 net acres of strategic land. Our development activities are primarily focused on bitumen and LPG production. In 2024, we achieved significant production from these resources, representing a substantial portion of the company’s total output.
By the end of 2024, we had over 500 active wells across our projects, with a high percentage of them being directly operated by FOC. During 2024, we invested over $250 million in drilling and completion projects, continuing to expand our operations and increase efficiency.
