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Iran drills over 53 km of oil & gas wells in 2 months

Business Materials 23 May 2017 13:00 (UTC +04:00)

Baku, Azerbaijan, May 23

By Fatih Karimov – Trend:

The National Iranian Drilling Company (NIDC) drilled over 53.4 kilometers of oil and gas wells using its drilling fleet during the first two months of Iran’s current fiscal year (March 20-May 21), Hamid Reza Khoshayand, deputy managing director of NIDC, said.

The company carried out drilling of 27 offshore and onshore oil and gas wells during the period, Khoshayand said, NIDC reported May 23.

The wells included 8 delineation wells and 19 repairing ones, he added.

The National Iranian South Oil Fields Company (NISOC) shared 20 of the drilled wells, followed by Iranian Petroleum Engineering and Development Company (six wells), and Iranian Offshore Oil Company (one well), he said.

The NIDC owns 74 light, heavy and ultra-heavy onshore and offshore drilling rigs with over 17,000 employees.

The company carried out drilling of 193 offshore and onshore oil and gas wells (293 kilometers) during the last Iranian fiscal year (ended March 20, 2017).

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