BAKU, Azerbaijan, Feb. 22
By Elnur Baghishov – Trend:
The National Iranian Drilling Company (NIDC) drilled and improved 71 offshore and onshore oil and gas wells in Iran, during the first 11 months of the current Iranian year (March 21, 2021 through February 19, 2022), Deputy Director of the National Iranian Drilling Company (NIDC) Masoud Afshar said, Trend reports citing the company’s website.
According to Afshar, 53 wells were drilled in the territory of the National Iranian South Oil Company (NISOC), 10 wells in the territory of the Iranian Offshore Oil Company (IOOC) and 1 well in the territory of the Iranian Central Oil Fields Company (ICOFC).
The deputy director also added that 7 wells were drilled at the order of the Petroleum Engineering and Development Company (PEDEC) and National Iranian Oil Company (NIOC),” he pointed out.
“In total, about 71,600 meters of excavations were carried out within 11 months,” he said.
The official emphasized that the wells were drilled by the company's 73 drilling rigs. Currently, 60 rigs are under operation.
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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