BAKU, Azerbaijan, October 3. The National Iranian Drilling Company (NIDC) drilled and improved 45 offshore and onshore oil and gas wells in Iran during the first six months of the current Iranian year (March 21 through September 22, 2022), Deputy Director of the NIDC, Masoud Afshar said, Trend reports referring to IRNA.
According to him, the number of oil and gas wells drilled in the mentioned period is 9 more than in the same period last Iranian year.
The deputy director noted that of the drilled wells, 3 were a development wells, 4 were an exploration well, and 38 were a repair wells.
Afshar also added that 34 wells were drilled in the territory of the National Iranian South Oil Company (NISOC) and 6 wells - in the territory of the Iranian Offshore Oil Company (IOOC), while 1 well - in the territory of the Iranian Petroleum Engineering and Development Company (PEDEC).
“Meanwhile, 4 wells were drilled as a part of the projects of the National Iranian Oil Company (NIOC),” he said.
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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