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

Oil&Gas Materials 22 December 2021 16:30 (UTC +04:00)
Iran’s NIDC discloses number of oil-gas wells drilled in country

BAKU, Azerbaijan, Dec. 22

By Elnur Baghishov – Trend:

The National Iranian Drilling Company (NIDC) has drilled and improved a total of 4,806 offshore, onshore oil and gas wells, over the past 42 years, Managing director of the National Iranian Drilling Company (NIDC) Hamid Reza Golpayegani said, Trend reports citing the company’s website.

Golpayegani made the remark in his statement dedicated to the anniversary of the company's establishment.

The director noted that 4,381 of these wells were drilled onshore, while 425 offshore.

Golpayegani added that 148 wells were drilled to discover new fields, as well as develop the existing ones (Azadegan, Yaran, Yadavaran, Namavaran, South Pars, Eram, etc.).

“Of the drilled wells, 115 were delineation wells, 2,446 were development wells, 2,097 repair wells. Some 100 of these wells were drilled to develop the South Pars gas field,” he said.

According to the director, in total, about 9,659,172 meters of excavations were carried out over 42 years. Of them, 8,988,101 meters onshore, while the rest offshore.

The company started operations with 6 drilling rigs, while currently it owns and operates 72 rigs.

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 1.2 trillion barrels. With available technology and equipment, Iran can extract 340 billion barrels. Thus, 30 percent of the country's hydrocarbon reserves are recoverable, while 70 percent remain underground.

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