BAKU, Azerbaijan, July 5
By Elnur Baghishov – Trend:
The National Iranian Drilling Company (NIDC) has allocated 5.2 trillion rials (about $124 million) for various repair work in the current Iranian year (from March 21, 2021, through March 20, 2022), an official of the NIDC, Shahram Shammipour said, Trend reports citing the company’s website.
The official said that it is planned to repair more than 220 different pumps, equipment, machines, generators, warehouses, cranes and more.
Shammipour added that about 1.3 trillion rials (about $30.9 million) were spent on the repairs of equipment during the first three months of the current Iranian year (from March 21through June 21, 2021). Of this, 450 billion rials (about $10.7 million) were spent on machinery and cranes, and 850 billion rials (about $20.2 million) on equipment engines and overhauls.
“The equipment is repaired in the company's repair facility. The facility is located in an area of 9 hectares and employs about 100 people,” he noted.
As reported, 22 oil and gas wells were drilled and put into operation in Iran and about 17,000 meters of excavations were carried out within three months.
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.