BAKU, Azerbaijan, May 29
By Elnur Baghishov – Trend:
Iran has started domestic production of special cement used in the drilling of oil wells, said Hashem Nezamabadi, the Managing Director of Kaveh Pars Mining Industries Development Company, which belongs to Iran’s Mostazafan Foundation, Trend reports citing the foundation’s website.
The director noted that this type of cement is used in oil wells that are very deep and require high pressure.
"This type of cement, which is currently being produced in one of the plants belonging to the Mostazafan Foundation, has a unique quality and meets the needs of the Iranian drilling industry," he added.
Nezamabadi said that Iran will no longer import this type of cement. At present, the foundation's companies produce A, B, D, E, G types of cement. The E type of cement is used in the oil field.
As reported, 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). Of the drilled wells, 4 were delineation and development wells, and 13 were repair wells.
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.