Well
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Second-stage contracts signed to revive Iran low-yield wells by using homegrown tech
SHANA (Tehran) – The second stage of reviving Iran’s low-yield wells got the go-ahead, as the Petroleum Industry Innotech Park head representing the National Iranian Oil Company and the representative of four knowledge-based companies inked the contracts here on Tuesday.
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Mothballed Oil Wells Rehabilitation
TEHRAN (Shana) -- National Iranien Oil Company (NIOC) has long focused on developing technologies to enhance recovery from oil wells. Although sanctions have posed an obstacle in its way, it aims to cut short the way to its objective by embarking on a quick-yielding project for the rehabilitation of low-output and abandoned wells. In this manner, by spending much less than drilling new wells, NIOC would be able to enhance its crude oil output. Without enhancing oil output, no future may be envisaged for enhanced oil recovery (EOR) projects. Therefore, the important thing would be to enhance production in any possible manner. Internationally speaking, more oil production would empower Iran to become more influential in the oil market while remaining resilient to challenges and restrictions because in the economic and political structure of the world energy, oil barrels have the final say.
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Reviving Low-yield Oil Wells Revives Capital in Iran: MP
TEHRAN (Shana) -- Tehran's representative in the Iranian parliament underlined the need for youth participation in different parts of the country, emphasizing the need to link the oil industry with scientific societies.
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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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Petropars CEO: Four Wells of South Pars Phase 11 to Come Online by March 2023
TEHRAN (Shana) – The development of Phase 11 of South Pars gas field is underway and four wells will come on stream by the end of the current Iranian calendar year (which began on March 21, 2022), said the managing director of Petropars Company here on Saturday.
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Localization of 80% of Iran Oil Well Equipment thru Research Development
TEHRAN (Shana) -- The director of exploration at the National Iranian Oil Company (NIOC) said that research has been the path opener of the country's oil industry, adding: "Due to research activities, now more than 80 to 90% of the country's oil and gas wells operate with Iranian knowledge and equipment."
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Iran Self-sufficient in Production of Wellhead Valves
TEHRAN (Shana) -- A member of the Iranian Oil Industry Equipment Manufacturers Association said the country was self-sufficient in production of wellhead valves.
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SZOGPC Launches 2 Oil Wells
TEHRAN (Shana) -- South Zagros Oil and Gas Production Company (SZOGPC) has started production from two development oil wells in Sarvestan and Sa’adat Abad operational districts.