Iran
NIDC COMPLETES DRILLING OF 101 OIL, GAS WELLS SINCE LATE MAR. 2025
National Iranian Drilling Company (NIDC) has completed 101 oil and gas wells so far this year (started in late March 2025), with total drilling footage reaching 103,456 meters, the company’s head said.According to Mehr News Agency, citing NIDC, Morteza Fouladi said the 101st well was a workover well at the Maroun oilfield, completed by rig 75 of the company’s drilling fleet.Fouladi said that of the wells completed since the start of the year, 82 were brought into final operation within the operational areas of five subsidiaries of the National Iranian South Oilfields Company.He added that, in total, 22 of the completed wells were development and appraisal wells, while 79 were workover wells.During the same period, six wells were completed for the Central Iranian Oil Fields Company, three for the Iranian Offshore Oil Company, four for the Petroleum Engineering and Development Company, and six under specific project-based contracts.Fouladi noted that drilling operations remain active across the country, with 64 drilling rigs from the company’s onshore and offshore fleet currently in operation nationwide.As announced by the former managing director of the company, contracts have been signed with domestic companies for renovation of drilling fleet.Mehran Makvandi reminded: "In recent months, numerous contracts have been signed with major domestic companies for the manufacturing and purchase of a number of essential equipment, including the manufacturing of main engines and drilling rig generators, as well as the renovation and modernization of the existing fleet.”Presenting a report on the company's performance in the current Iranian calendar year (started on March 21, 2025), and the measures taken regarding the plan for modernization and renovation of the drilling fleet and technical and engineering services, the official noted: “Our colleagues are continuously following up to ensure these contracts are finalized within the set timeframe and that conditions for the qualitative and quantitative enhancement of services are provided”,Meanwhile, the managing director of the National Iranian Oil Company (NIOC) has emphasized the need to update the rigs and operational equipment of the NIDC and stated that $800 million has been allocated for the renovation and modernization of this company's drilling fleet and equipment. Hamid Bovard, speaking at a meeting with the managers and officials of the National Iranian Drilling Company, and while appreciating the efforts of the company's staff in realizing the plans and objectives of the country's oil industry, stated: "It is expected that this company, as one of the upstream companies and the largest drilling company in Iran, through systematic planning, a shift in managerial perspective, and by providing suitable solutions, will be able to even better respond to the needs of the oil industry."He referred to the presented statistics on the performance of the National Iranian Drilling Company in the first half of the current Iranian calendar year (March 21-September 22), and the significant growth in the drilling, ancillary services, and other service and support sectors of the company, adding: "Considering the oil industry's plans for increasing production and developing oil and gas fields, the expectations from the National Iranian Drilling Company go beyond this. Of course, measures must also be taken to strengthen this company's infrastructure and address its challenges."The former managing director of the National Iranian Oil Company further stated: "The National Iranian Drilling Company holds a special position in the oil industry in terms of specialized human resources and potential and actual capacities. Through proper planning, initiative, and the formation of strong executive and supervisory teams, the grounds for even greater dynamism of this company should be provided."Referring to the allocation of $800 million for the renovation and modernization of the drilling fleet and integrated technical and engineering service equipment of the National Iranian Drilling Company (NIDC), Bovard noted: "In this regard, good contracts have been signed with domestic manufacturing and knowledge-based companies. Through interaction, synergy, and continuous follow-up, we will witness the modernization and a new chapter in the more prominent and active presence of NIDC in the drilling industry market." (ICE TEHERAN)
Fonte notizia: Tehran Times
