NIDC Drilled 141 Oil, Gas Wells

NIDC Drilled 141 Oil, Gas Wells

The National Iranian Drilling Company’s (NIDC) Deputy Managing Director, Hamid-Reza Khoshayand, announced that during the first eight months of Iran’s fiscal year that starts on March 20, the company has completed drilling operations on 141 oil and gas wells both onshore and offshore, reported Shana News. Khoshayand added thanks to measures adopted, drilling operations on 37 wells were completed 580 days ahead of the schedule, according to Trade Arabia.

The official said 80 of the wells were in zones operated by the National Iranian South Oil Company (NISOC), 40 in the areas overseen by Petroleum Engineering and Development Company (PEDC), nine in that of the Iranian Offshore Oil Company (IOOC), five in the Iran Central Oil Fields Co (ICOFC), one on order by the Exploration Management Department of National Iranian Oil Company (NIOC) and six within framework of projects.

In related news, Iranian President, Hassan Rouhani, had officially launched the first phase of production at Yadavaran, North Yaran and North Azadegan fields in its oil-rich Khuzestan province, with a total output of more than 220,000b/d.

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