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Iran’s NIDC discloses number of oil-gas wells drilled in country

Oil&Gas Materials 27 October 2021 12:41 (UTC +04:00)
Iran’s NIDC discloses number of oil-gas wells drilled in country

BAKU, Azerbaijan, Oct. 27

By Elnur Baghishov – Trend:

The Iranian National Drilling Company (NIDC) has drilled and improved 41 oil and gas wells in Iran, during the first seven months of the current Iranian year (March 21 through October 22, 2021), said an official of the NIDC Babak Zanganeh, Trend reports with reference to the company’s website.

Zanganeh said that of the drilled wells, 4 were development wells, 2 were exploration well, and 35 were repair wells.

“In general, about 44,900 meters of excavations were carried out within 6 months,” the official added.

According to him, 32 wells were drilled in the territory of the National Iranian South Oil Company (NISOC), 5 wells in the territory of the Iranian Offshore Oil Company (IOOC), and 1 well in the territory of Petroleum Engineering and Development Company (PEDEC).

In addition, three wells were drilled at the order of the National Iranian Oil Company (NIOC), Zanganeh noted.

The official stressed that currently, 13 drilling rigs of the NIDC 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.

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