BAKU, Azerbaijan, Feb. 7
By Elnur Baghishov – Trend:
The National Iranian Drilling Company (NIDC) supplies the necessary equipment and spare parts used in drilling of oil and gas wells at the expense of local manufacturers, Managing Director of the NIDC, Hamid Reza Golpayegani said, Trend reports citing the company’s website.
The director stressed that over the first 10 months of the current Iranian year (March 21, 2021 through January 20, 2022), the NIDC ordered 231 spare parts worth 571 billion rials (about $13.6 million) to local manufacturers.
“So far, 170 spare parts worth 434 billion rials (about $10.3 million) have been delivered to the NIDC,” he added.
Golpayegani noted that as a result of the company's effective cooperation with the country's scientific centers and manufacturers, 7,100 most used spare parts on drilling were produced domestically over the past 20 years.
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.
At present, the company has 72 drilling 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.
---
Follow the author on Twitter:@BaghishovElnur