The National Iranian Drilling Company has drilled 124 onshore and offshore oil and gas wells over the last 12 months, the company’s managing director for drilling affairs said.
“Of the wells operations completed during this period, 94 were development and exploratory wells and the rest were horizontal,” Hamidreza Golpayegani was also quoted as saying by ISNA.
“The wells were drilled in oilfields managed by the National Iranian South Oil Company, the Iranian Offshore Oil Company and the Petroleum Engineering and Development Company in the West Karun oil block that includes several large oilfields straddling the Iran-Iraq border, namely Yaran, Yadavaran and Darkhoein,” he said.
NIDC undertakes both offshore and onshore drilling and provides almost the full range of drilling services needed by domestic oil and gas companies.
Golpayegani expressed NIDC’s readiness for providing technical support and consultation, and sharing its offshore and onshore drilling experience with international players in the oil and gas sector.
“NIDC has taken effective steps to secure a foothold in foreign markets,” he said.
The company can cooperate with Caspian Sea littoral states, such as Azerbaijan, Kazakhstan, Russia and Turkmenistan, in drilling ventures.
He said NIDC has the technology to carry out drilling in deep waters and a regional record for drilling operations at a depth of over 1,000 meters. The firm has emerged as one of the largest drilling companies in Southwest Asia.
Founded in 1979, NIDC services include well logging, cementing and acidizing, drill stem test, well testing, training and development, and general services. It also provides engineering, programming and industrial cleaning services to steam boilers, compressors, lube oil systems, water jackets, chillers and heat exchangers, as well as industrial cleaning services to oil and gas refineries.
According to Seyyed Saleh Hendi, the head of NIOC's Exploration Department, there are 184 hydrocarbon fields in Iran, consisting of 380 reserves, of which 171 are being developed and 209 have not been tapped.
"In-place crude and gas condensate reserves are estimated at 228 billion barrels, most of which were discovered in the last four decades," Hendi said.
Proven gas reserves are close to 33 trillion cubic meters, making Iran home to one of the world’s biggest natural gas reserves.
