Morteza Fooladi, the CEO of the National Iranian Drilling Company, announced the drilling and completion of 72 oil and gas wells in the first 7 months of 1405. This action demonstrates the rapid movement of this company towards increasing oil and gas production in the country.
Details of Well Drilling
Out of the total drilled wells, 17 were in the development and descriptive sections and 55 were in the well repair section. Fooladi explained that out of the completed wells, 53 were completed within the operational scope of five oil and gas operating companies under the National South Oilfields Company, which includes 10 development wells and 43 repair wells. This operation significantly contributes to the maintenance and increase of oil and gas production.
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Operations in Other Companies
The CEO of the National Iranian Drilling Company stated regarding the completion of wells within the operational scope of other companies that during this period, 7 wells were completed in the operational area of the Central Iran Oil Company, 5 wells in the operational area of the Offshore Oil Company of Iran, and 2 wells in the development projects of the Engineering and Development Oil Company. Additionally, one well was delivered to the relevant employer as part of the final drilling and completion project after becoming productive.
Fooladi also announced that the drilling footage of the wells during this period reached 80,877 meters, which is the highest amount compared to the same period in the past 6 years and shows a 6% growth compared to last year. This increase in drilling footage signifies an increase in production capacity and efficiency in the country's oil and gas industry.
Consequences of Increased Production
Increasing oil and gas production through the drilling and completion of new wells can help improve the country's economy. This operation will also assist in meeting domestic needs and reducing dependence on energy imports. Fooladi emphasized the importance of this action in enhancing production capacity, referring to the existing challenges in the oil and gas industry.
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