NIOC: Discovery of Hydrocarbon Reserves Gets More Challenging

As time passes, the discovery of hydrocarbon reserves is getting more and more challenging.
Seyyed Saleh Hendi, the head of Exploration Department at the National Iranian Oil Company, made the statement in Fars Province on Monday in a ceremony held in Dashtkouh near Shiraz for launching seismic and geophysical operations in oil and gas fields, the Oil Ministry’s news portal Shana reported.
“It appears that there are no huge oil and gas reserves to be discovered. However, reliance on geophysical and seismic data can help accelerate the discovery of small- and medium-sized fields.”