Iran drills 300 km of oil & gas wells in 1 year

Business Materials 28 March 2017 16:43 (UTC +04:00)

Baku, Azerbaijan, Mar. 28

By Fatih Karimov – Trend:

The National Iranian Drilling Company (NIDC) drilled over 293 kilometers of oil and gas wells using its drilling fleet during the last Iranian
fiscal year (ended March 21), Hamid Reza Khoshayand, deputy managing director of NIDC, said.

The company has carried out drilling of 193 offshore and onshore oil and gas wells during the period, Khoshayand said, NIDC reported.

The company drilled 13 more wells compared with the preceding year, Khoshayand said.

The wells included 65 delineation wells, three exploratory and 125 repairing and developmental ones, he added.

The National Iranian South Oil Fields Company (NISOC) shared 117 of the drilled wells, followed by Iranian Petroleum Engineering and Development
Company (49 wells), Iranian Offshore Oil Company (11 wells), Iranian Central Oil Fields Company (5 wells), he said, adding that two well also
was drilled for NIOC Exploration Directorate.

The NIDC owns 74 light, heavy and ultra-heavy onshore and offshore drilling rigs of them 6 are under overhaul, Khoshayand said.

From the active rigs 37 are employed for drilling delineation wells, two for exploratory wells and 29 for repairing ones, he added.