BAKU, Azerbaijan, Oct. 25
By Elnur Baghishov – Trend:
The Iranian National Drilling Company (NIDC) has drilled and improved 36 oil and gas wells in Iran, during the first six months of the current Iranian year (March 21 through September 22, 2021), Managing director of the National Iranian Drilling Company (NIDC) Hamid Reza Golpayegani said, Trend reports citing the company’s website.
Of the drilled wells, 5 were development wells, 1 was exploration well, and 31 were repair wells, according to Golpayegani.
“In general, about 32,400 meters of excavations were carried out within 6 months,” he added.
The director noted that the NIDC has more than 70 drilling rigs in onshore and offshore, 58 of which are in operation.
Golpayegani stressed that development wells are being drilled with 12 drilling rigs, repair wells with 39 rigs and exploration wells with 7 rigs. These wells are located in the territories of the National Iranian South Oil Company (NISOC), West Karun Oil and Gas Company and in different regions of the country.
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.
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