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Iran indigenizes drilling rig industry ‘100%’

Business Materials 16 February 2015 14:59 (UTC +04:00)

Baku, Azerbaijan, Feb. 16

By Khalid Kazimov - Trend:

Iranian engineers have managed to produce oil and gas drilling rigs domestically, IRIB news agency reported Feb. 16.

The deed makes Iran the 4th country to own the technology, following the US, China, and Russia.

The project was carried out by Shiraz Fajr Industries of the province of Fars.

The project manager_ mentioned only by his surname Zahiri_ said that Shiraz Fajr Industries complex has produced the drilling rigs according to the latest international standards and in a fully indigenous way.

"They are of the Super Rig class with the capacity of 1.275 pounds, mast height of 152 feet; and will be useful in drilling oil and gas wells up to 7 thousand meters deep," he said.

The official further mentioned that the rigs' mobility after drilling operations and their much lower price than foreign rivals are their main positive points.

"So far seven rigs have been built in Shiraz Fajr Industries, all of which have been installed at the country's oil-producing lands," he said, adding that it took the company's technicians around a decade to develop the structures.

The National Iranian Drilling Company (NIDC), North Drilling Company, Naft Kav, Sepanta, MAPNA, GPTC, and Tadbir are the companies currently using drilling rigs around Iran.

Based on OPEC data from December 54 drilling rigs are currently operating in Iran.

Edited by CN

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