A drilling contract for 12 exploratory wells in various dry regions of the country has been signed between the Exploration Management of the National Iranian Oil Company and the National Drilling Company of Iran. This contract has been established to enhance interactions and collaborations between the two upstream entities of the country's oil industry and can significantly impact the discovery and development of hydrocarbon reserves.
Details of the Drilling Project
Jahangir Shojaei, Deputy CEO of the National Drilling Company of Iran, stated: "The National Drilling Company of Iran has succeeded in winning the tender for drilling 12 exploratory wells in a competitive environment with capable domestic companies." He also emphasized that this success demonstrates the competence and capability of this company in the field of drilling and exploration.
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Shojaei further referred to the over four decades of continuous and strategic cooperation with the Exploration Management of the National Iranian Oil Company and said: "These collaborations, along with experienced and skilled specialists, have turned the National Drilling Company of Iran into a capable arm in discovering hydrocarbon reserves."
The Role of the National Drilling Company in the Oil Industry
The Deputy CEO of the National Drilling Company of Iran pointed to the role of this company in completing the cycle of exploratory data and said: "The National Drilling Company of Iran has played an indispensable role in discovering over 30 large and small fields and reservoirs, including the Azadegan, Yadavaran, Yaran, Namavaran fields, the dry part of Kish Island, and the Aram gas field." These achievements are a testament to the efficiency and operational capacities of this company in the country's oil industry.
Shojaei elaborated on the dimensions of the new project, stating: "With the official announcement of this valuable success, the final stages of contract signing are underway, and based on this contract, the National Drilling Company of Iran will utilize two heavy land drilling rigs to drill 12 exploratory wells in the target areas within 48 months."
He concluded by noting: "The combination of technical capability with the specialized knowledge of the Exploration Management experts will herald the discovery of new and strategic fields for the country." This project could be considered a milestone in the development of Iran's hydrocarbon resources.
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