Drilling
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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).
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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.
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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.
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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.”
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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.
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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.
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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.
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Drilling Structure, Infrastructure Fully Iranian
TEHRAN (Shana) -- Among oil and gas-rich nations in the world, Iran remains one of the leading extractors of oil and gas.More than a century has passed since the William Knox D’Arcy team, led by Marriot, drilled the first oil well in Iran. The first oil well in Iran was drilled in the Chia Sorkh, or ChahSorkh (literally red well) northwest of Qasr-e Shirin. The well struck oil in summer 1903 at the depth of 507 meters.
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Min. calls on Domestic Suppliers to Mind Export Markets
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the domestic manufacturers of items shall be focused on exports besides supplying the domestic markets.
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Well No. 22 of Ahvaz Field Complete 11 Days ahead of Plan
TEHRAN (Shana) -- Synergy and cooperation between the specialists of the National Iranian Drilling Company (NIDC) and the National Iranian South Oil Company (NISOC) led to the early implementation of the repair and completion operation of Well No. 22 in the Ahvaz oil field by using Fath 52 Drilling Rig.
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Production Capacity of Danan Field Enhanced
TEHRAN (Shana) – The CEO of Iranian Central Oil Fields Company (ICOFC) said three new wells have come online since late February at Danan Oilfield which have added 5,000 barrels per day to the field’s production capacity.