BAKU, Azerbaijan, April 25. The National Iranian Drilling Company (NIDC) drilled and improved 11 offshore and onshore oil and gas wells in Iran in the 1st month of the current Iranian year (March 21 through April 20, 2022), Deputy Director of the National Iranian Drilling Company (NIDC) Masoud Afshar said, Trend reports citing the company’s website.
According to Afshar, of the drilled wells, 1 was a development well, 1 was an exploration well, and 9 were repair wells.
The deputy director added that 10 wells were drilled in the territory of the National Iranian South Oil Company (NISOC).
“Meanwhile, one well was drilled as a part of the projects of the National Iranian Oil Company (NIOC),” he said.
In total, about 7,620 meters of excavations were carried out in the 1st month, the official noted.
Afshar also pointed out that currently, 22 drilling rigs of the NIDC are being relocated.
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