BAKU, Azerbaijan, May 23
By Elnur Baghishov – Trend:
As many as 17 oil and gas wells were drilled in Iran during the first two months of the current Iranian year (from March 21 through May 21, 2021), said Babak Zanganeh, program director of the NIDC, Trend reports with reference to the company’s website.
The director noted that of the drilled wells, 4 were delineation and development wells, and 13 were repair wells.
"So, 4 delineation and development and 11 repair wells were drilled in the territory of the National Iranian South Oil Company (NISOC) and 2 repair wells in the territory of the Iranian Offshore Oil Company (IOOC)," he added.
According to Zanganeh, the repair of oil and gas wells plays an important role in protecting and increasing extraction. Based on this, 4 wells were drilled and handed over within 2 months 39 days earlier than planned
The director stressed that the National Iranian Drilling Company has 70 drilling rigs. Of these, 67 rigs are onshore and 3 for offshore excavations. Currently, the company's 25 drilling rigs are being relocated.
As reported, there are currently 74 oil and 22 gas fields in Iran. So, 37 oil fields are operating in the territory of the National Iranian South Oil Company (NISOC), 14 fields – Iranian Central Oil Fields Company (ICOFC), 5 fields – Arvandan Oil and Gas Company (AOGC), and 18 oil fields – Iranian Offshore Oil Company (IOOC).
In addition, 5 gas fields are operating in the territory of the NISOC, 13 fields – the ICOFC, 1 field – Pars Oil and Gas Company (POGC), and 3 gas fields – the IOOC.
Iran’s total hydrocarbon reserves are estimated at 836 billion barrels. With available technology and equipment, Iran can extract 239 billion barrels. Thus, 29 percent of the country's hydrocarbon reserves are recoverable, while 71 percent remain underground.