Iran Announces Oil, Gas Discoveries

Head of exploration department of the National Iranian Oil Company said Monday cooperation with international companies on studying new oil and gas fields is underway and 13 fields were discovered over the past two years.
“The oil industry globally is intertwined with new technology and science. But in our country it has not reached the high status and is still operation-based,” Seyyed Saleh Hendi lamented.
Giving an example, he referred to gas discoveries in the Sea of Oman and said they are located at a depth of 800 meters “where drilling is very expensive."