The National Iranian Drilling Company (NIDC) has completed the drilling of 20 onshore oil and gas wells in the span of two months, ending 21 May.
The operations utilised the company’s own rigs, marking an achievement in its drilling programme.
Hamidreza Shafi’ee Makvandi, NIDC deputy head for drilling operations, reported that the completed wells comprised four development and appraisal wells, alongside 16 workover or completion wells.
The majority of these wells were situated in oilfields managed by the National Iranian South Oil Company (NISOC), with additional wells distributed among the Central Iranian Oil Fields Company, the Petroleum Engineering and Development Company and the Pars Oil and Gas Company, with one project finalised and delivered to the respective client.
Shafi’ee Makvandi highlighted that the total drilling depth achieved during this period was 21,773m, an increase of 1,619m compared with the same time frame in the previous year.
He also noted the strategic relocation of 12 drilling rigs across various operational zones to optimise the company’s drilling efforts.
The US recently escalated its measures against the Iranian oil trade, with President Donald Trump declaring a halt to any purchases of Iranian oil or petrochemical products.
He warned that secondary sanctions would be enforced on any entities involved in such transactions, potentially excluding them from US business dealings.
In April, Russia and Iran agreed in principle to annual gas supplies amounting to 55 billion cubic metres.
Russia has also pledged to fund the construction of a new nuclear power plant in Iran, a move that comes as the US seeks to isolate Iran unless it agrees to a revised nuclear inspection regime.
“NIDC drilling operations complete 20 wells in two months” was originally created and published by Offshore Technology, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
