Azerbaijan, Baku, August13 /Trend/
Iran is to discover 4 oil and gas fields by the end of solar year (started on March20,2011) while 11 new drilling rigs installed in Iran's exploration blocks, Pananews reported quoting Exploration Manager of National Iranian Oil Company Mahmoud Mohades as saying.
" The National Iranian Oil Company plans to develop exploratory operations in west of Iran and Persian Gulf therefore 6 drilling ring installed in joint fields and border regions," he said.
It's predicted by completing the exploratory operation 3 to 4 of hydrocarbon reserves will be discovered and the information will be issued officially.
Iran discovered 4 new oil and gas fields in last solar year (ended on March20,2011) which increased country's gas reserves by 636 billion cubic natural gas and 213 million barrels of gas condensates .
The value of newly discovered fields estimated to $180 billion while less than $500 million invested on exploratory operation.