Drilling fleet productivity nears 80%

SHANA (Tehran) – The deputy CEO of the National Iranian Drilling Company (NIDC) for drilling operations put the drilling fleet productivity at 78% and announced a 9.1% reduction in standby time during the first quarter of this year. He stated that these achievements were made possible through domestic capabilities, coordinated planning, and centralized management.

NIDC plans annual overhaul of seven rigs

SHANA (Tehran) — The National Iranian Drilling Company (NIDC) has developed a comprehensive annual plan to overhaul and modernize seven drilling rigs as part of a broader strategy to enhance technical and specialized services across the country’s onshore oil and gas fields, a senior official said.

NIDC ready to expand regional role

SHANA (Tehran) – The deputy CEO of the National Iranian Drilling Company (NIDC) announced a comprehensive plan to modernize its drilling fleet, localize equipment production, develop a national drilling engine, and repair and complete 150 oil wells by year’s end (March 20, 2026).

NIDC boosts local tech in oil drilling push

SHANA (Tehran) – The CEO of the National Iranian Drilling Company (NIDC) said one of the company’s strategic priorities in recent years has been the localization of key equipment and increasing the share of domestically manufactured components in drilling projects. A notable example is the construction of the third domestically built drilling rig, which resulted in savings of $7 million.

NIDC drills, completes 20 onshore oil, gas wells

SHANA (Tehran) – The deputy CEO of the National Iranian Drilling Company (NIDC) announced the drilling and completion of 20 onshore oil and gas wells in the first two months of this year (March 21-May 21) using the company’s rigs.

NIDC drills eight oil, gas wells

SHANA (Tehran) – The deputy CEO of the National Iranian Drilling Company (NIDC) for drilling operations announced the drilling and completion of eight oil and gas wells using the company’s rigs during Farvardin (March 21–April 20), the first month of the Iranian calendar year.

Drilling begins on fifth infill well at South Pars field

SHANA (Tehran) – The supervisor of the 35-well infill drilling project at South Pars Field announced that drilling has begun on the fifth well in the project, located in phases 15 and 16.

NIDC reports over 6,000 technical, specialized services in past year

SHANA (Tehran) – The technical deputy of the National Iranian Drilling Company (NIDC) announced that 6,264 technical and specialized services were performed in the past year (1403 in the Iranian calendar), marking a 6% increase compared to the previous year.

Iran invests over $1b in drilling rigs

SHANA (Tehran) – The CEO of the National Iranian Drilling Company (NIDC) announced an $800 million investment from the National Iranian Oil Company to purchase 15 onshore drilling rigs this year, adding that an additional $200 to $300 million from the company’s forex reserves will be allocated for ancillary equipment, such as cementing pumps and nitrogen units.

Drilling operations completed for Well 130 in Bibi Hakimeh Field

SHANA (Tehran) – The drilling and completion of an oil well in the Bibi Hakimeh field concluded at the start of the year 1404 (March 21).

Iran's largest land-sea seismic survey project completed

SHANA (Tehran) – The exploration director of the National Iranian Oil Company (NIOC) announced the completion of the largest two- and three-dimensional land-sea seismic survey project in the Paniz region of Khuzestan province, utilizing wireless technology.

NIDC ready to boost cooperation in exploration projects

SHANA (Tehran) – The CEO of the National Iranian Drilling Company (NIDC) announced the company’s readiness to expand cooperation with the Exploration Directorate of the National Iranian Oil Company (NIOC) in drilling exploration wells and providing related services. He stated that such collaborations could accelerate the implementation of oil industry projects.

Drilling rig to be relocated from Kish Gas Field

SHANA (Tehran) – The heavy land-based drilling rig 69 Fat’h, after 10 years of operation in the onshore section of Kish Island’s gas field, is being dismantled and relocated through the efforts of specialized operational teams and strict adherence to safety protocols.

NIDC reports 13% surge in specialized drilling services

SHANA (Tehran) – The technical deputy of the National Iranian Drilling Company (NIDC) announced that 1,238 specialized drilling operations were carried out from the beginning of the current Iranian year (started March 20, 2024) through the end of the 10th month (January 19), marking a 13% increase compared to the same period last year.

Advanced drilling implementation in Aban, Paydar Gharb oilfields development project 

SHANA (Tehran) – The project manager for the development of the Aban and Paydar Gharb oilfields has announced the implementation of advanced drilling technologies, including multilateral drilling, in the project’s oil wells. 

NIDC conducts over 18 km of horizontal directional drilling in 10 months

SHANA (Tehran) – The head of the Special Operations Department of the National Iranian Drilling Company (NIDC) announced the completion of 18,483 meters of horizontal directional drilling (HDD) in both onshore and offshore areas of the country over the past 10 months (March 20, 2024-January 19, 2025).

Domestically-built drilling rig commissioned with oil minister in attendance

SHANA (Tehran) – The third drilling rig constructed by Academic Center for Education, Culture and Research, named Fat'h 73, was officially commissioned in a ceremony attended by the oil minister.

Drilling progress reaches 90% for 10 wells in South Azadegan: NIDC

SHANA (Tehran) – The drilling manager for West Karoun oilfields at the National Iranian Drilling Company (NIDC) announced that the cumulative progress of drilling 10 wells in the shared South Azadegan oil field has surpassed 90%.

Exploration activities resume in offshore sector after five-year hiatus

SHANA (Tehran) – The head of exploration at the National Iranian Oil Company (NIOC) announced that exploration drilling in offshore areas will resume after a five-year pause, marking the first such activity under the 14th administration.

NIDC reports over 980 specialized drilling operations in eight months

SHANA (Tehran) – The Director of Special Drilling Services at the National Iranian Drilling Company (NIDC) announced the completion of 981 specialized drilling operations during the first eight months of the current Iranian year (March 20-November 20).

U.S. oil output hits record as producers boost drilling efficiency

U.S. oil and gas production has continued to rise as companies squeeze more from each well despite a fall in the number of rigs employed, with the industry boosting efficiency to offset the impact of lower prices.

On the sidelines of Iran-Russia B2B meeting:

Iran’s North Drilling Company, Russia’s Traektoriya-Servis sign MoU

SHANA (Tehran) – Iran’s North Drilling Company and Russia’s Traektoriya-Servis LLC here on Tuesday inked a memorandum of understanding (MoU) on cooperation in drilling operations.

Iran Experts Manufacture Practical Drilling Items

TEHRAN (Shana) -- The Deputy Director of Research, Technology and Construction Engineering of the National Iranian Drilling Company (NIDC) said: “About 7,200 unique parts used in the drilling industry have been localized in synergy and cooperation with 400 domestic manufacturers so far.”

45% Rise in Horizontal, Directional Drilling Efficiency of Oil, Gas Wells since March

TEHRAN (Shana) -- The efficiency of horizontal and directional drilling operations of the National Iranian Drilling Company (NIDC) grew by at least 45% in the first 8 months of the current Iranian calendar year which began on March 21 compared to the same period last year.

NIOC in Exploration Talks with Foreign Partners

Exploration Activities of NIOC to Go beyond Iran Borders

TEHRAN (Shana) -- The Director of Exploration of the National Iranian Oil Company (NIOC) announced the development of the activities of the Ministry of Petroleum in the overseas sector, focusing on exploration activities and providing equipment.

NIDC Bracing for Stronger Presence in Persian Gulf

TEHRAN (Shana) -- The CEO of the National Iranian Drilling Company (NIDC) said: With the provision of three offshore drilling rigs, the company's presence in the Persian Gulf waters will become stronger in the near future.