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

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.