Iran’s state drilling company to increase its rigs
Baku, Azerbaijan, Oct. 2
By Fatih Karimov – Trend:
The National Iranian Drilling Company (NIDC) plans to increase its drilling rigs to 80 by March 2017, Naser Gholipour, an official with the NIDC, said, SHANA news agency reported Oct. 1.
Currently, NIDC owns 75 light, heavy and ultra-heavy onshore and offshore drilling rigs which are operational under the supervision of the National Iranian South Oil Fields Company (40 rigs), Iranian Offshore Oil Company, Petroleum Engineering and Development Company, Iranian Central Oil Fields Company, Pars Oil and Gas Company, Sarvak Azar Engineering and Development Company, and Arvandan Oil and Gas Company.
Gholipour further said that the NIDC has carried out drilling of 100 offshore and onshore oil and gas wells from the beginning of current fiscal year (started March 20, 2016).
The wells included 33 delineation wells, one exploratory and 66 repairing and developmental ones, he added.
The company has drilled about 161.6 kilometers of oil and gas wells using its drilling fleet in more than 10 provinces of the country since March 20, Gholipour said.
The drilling operations are mainly focused in the areas of the National Iranian South Oil Fields Company as well as joint oil fields in south west Iran.
By holding 157.8 billion barrels of recoverable crude oil reserves, Iran possesses the world's fourth largest reserves of crude oil. The Islamic Republic also holds 34 trillion cubic meters of proven gas reserves, sharing 18.2 percent of total global gas reserves, which puts the country in the top of the world's gas holders list.