(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 21. The National Iranian
Drilling Company (NIDC) drilled and improved 21 offshore and
onshore oil and gas wells in the country, during the first two
months of the current Iranian year (March 21, 2022 through May 20,
2023), Deputy Director of the NIDC, Masoud Afshar said, trend reports referring to the
Shana News Agency.
According to Afshar, of the drilled wells, 2 were development
wells and 19 were repair wells.
The deputy director said that 19 wells were drilled in the
territory of the National Iranian South Oil Company (NISOC) and one
well - in the territory of the Iranian Petroleum Engineering and
Development Company (PEDEC).
"Meanwhile, the remaining one well was drilled as a part of the
projects of the National Iranian Oil Company (NIOC)," he added.
Afshar also noted that in total, 14,129 meters of excavations
were carried out in Iran within the mentioned period.
There are currently 74 oil and 22 gas fields in Iran. So, 37 oil
fields are operating in the territory of the National Iranian South
Oil Company (NISOC), 14 fields – Iranian Central Oil Fields Company
(ICOFC), 5 fields – Arvandan Oil and Gas Company (AOGC), and 18 oil
fields – Iranian Offshore Oil Company (IOOC).
In addition, 5 gas fields are operating in the territory of the
NISOC, 13 fields – the ICOFC, 1 field – Pars Oil and Gas Company
(POGC), and 3 gas fields – the IOOC.
Iran's total hydrocarbon reserves are estimated at 1.2 trillion
barrels. With available technology and equipment, Iran can extract
340 billion barrels. Thus, 30 percent of the country's hydrocarbon
reserves are recoverable, while 70 percent remain underground.
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