Iran completes drilling of 42 oil and gas wells

National Iranian Drilling Company (NIDC) has completed drilling operations of 42 oil and gas wells during the first five months of the current Iranian calendar year.

According to Masoud Afshar, Deputy Head of NIDC for drilling operations, three of the drilled wells were development and the rest were work-over ones, Shana reported.

The official stated that during the mentioned time span NIDC managed to dig eight more wells as compared to the figure for the same period last year.

As reported, 35 of the drilled wells were in the operational zone of the National Iranian South Oil Company (NISOC), one well was drilled in the fields under the supervision of the Iranian Offshore Oil Company (IOOC), three were in the fields under the operation of Petroleum Engineering and Development Company (PEDEC), and three wells were drilled in fields developed by private contractors.

According to the official, currently, 63 of the company’s rigs are active and 10 are being overhauled.

Over 43,416 meters of drilling were conducted for the mentioned wells, the official said, noting, “We are trying to play our role optimally by using the company’s maximum operational capacities in order to realize the Oil Ministry's plans to increase production.”

Considering the National Iranian Oil Company (NIOC)’s strategies for strengthening the presence of domestic companies in the development of the country’s oil fields, NIDC, as a major NIOC subsidiary, has been supporting such companies by lending those drilling rigs and other necessary equipment.

 

Iran drills 117 oil and gas wells in first 10 months of current calendar year

National Iranian Drilling Company (NIDC) has completed drilling of 117 oil and gas wells during the first nine months of the current Iranian calendar year. Managing Director of the company, Abdollah Mousavi said the drilled wells consisted of 27 development wells, one appraisal well, 85 workover wells and four exploratory wells.

The official stated that during this period, 18 wells were drilled 326 days earlier than the schedule and handed over to the applicant company for operation, adding that the early production of the wells, rig clearance, and cost reduction, which are resulted through cooperation between the experts of NIDC and the operating company, is economically viable significantly.

After the US re-imposed sanctions on Iran, indigenizing the know-how for the manufacturing of the parts and equipment applied in different industrial sectors is one of the major strategies that the Islamic Republic has been strongly following up to reach self-reliance and nullify the sanctions.

Oil, gas and petrochemical industries have achieved outstanding performances due to indigenizing of the knowledge for manufacturing many parts and equipment that were previously imported. Among different sectors of the mentioned industries, drilling could be mentioned as a prominent example in this regard.

NIDC managed to indigenize the knowledge for manufacturing 6,000 drilling equipment in collaboration with domestic manufacturers and engineers in the previous Iranian calendar year.

Before this success, the technology for manufacturing the mentioned equipment was in the possession of a handful of foreign companies.

The equipment indigenized by NIDC includes drilling mud pumps, blowout preventers, traction motors, draw-works, drilling fluid recycling systems, mission centrifugal pumps, top drives, and drilling rig slow circulation rate pressure systems.

The company has also managed to indigenize the know-how for manufacturing 242 parts highly-applied in the drilling industry during the first half of the current Iranian calendar year.

In order to indigenize the technology to manufacture these parts, NIDC inked six research deals with domestic universities and knowledge-based companies.

At the beginning of the current Iranian year, NIDC managing director had said that his company’s performance will be more outstanding in this year, which is named the year of surge in production.

The official’s saying has already come true, as his company managed to indigenize the know-how for manufacturing some significant parts, and also in completing the digging operations sooner than the schedule.

NIDC accounts for a major part of drilling exploration as well as appraisal/development wells in Iran. It holds 70 onshore and offshore drilling rigs as well as equipment and facilities for offering integrated technical and engineering services.