TEHRAN- National Iranian Drilling Company (NIDC) dug and completed digging operation of 117 oil and gas wells during the first nine months of the current Iranian calendar year (March 20, 2020 – January 19, 2021), according to the managing director of the company.

Abdollah Mousavi said the drilled wells consisted of 27 development wells, one appraisal well, 85 workover wells, and four exploratory wells.

The official stated that during this period, 18 wells were drilled 326 days earlier than the schedule and handed over to the applicant company for operation, adding that the early production of the wells, rig clearance, and cost reduction, which are resulted through cooperation between the experts of NIDC and the operating company is economically viable significantly.

After the U.S. reimposition of sanctions against Iran, indigenizing the know-how for the manufacturing of the parts and equipment applied in different industrial sectors is one of the major strategies that the Islamic Republic has been strongly following up to reach self-reliance and nullify the sanctions.

Oil, gas, and petrochemical industries have outstanding performances in this due, with indigenizing the knowledge for manufacturing many parts and equipment that were previously imported.

Among different sectors of the mentioned industries, drilling could be mentioned as a prominent example in this regard.

National Iranian Drilling Company managed to indigenize the knowledge for manufacturing 6,000 drilling equipment in collaboration with domestic manufacturers and engineers in the previous Iranian calendar year (ended on March 19).

Before this success, the technology for manufacturing the mentioned equipment was in the possession of a handful of foreign companies.

The equipment indigenized by NIDC includes drilling mud pumps, blowout preventers, traction motors, draw-works, drilling fluid recycling systems, mission centrifugal pumps, top drives, and drilling rig slow circulation rate pressure systems.

The company has also managed to indigenize the know-how for manufacturing 242 parts highly-applied in the drilling industry during the first half of the current Iranian calendar year (March 20-September 21, 2020).

In order to indigenize the technology to manufacture these parts, NIDC inked six research deals with domestic universities and knowledge-based companies.

At the beginning of the current Iranian year, NIDC managing director had said that his company’s performance will be more outstanding in this year, which is named the year of surge in production.

The official’s saying has already come true, as his company managed to indigenize the know-how for manufacturing some significant parts, and also in completing the digging operations sooner than the schedule.

Holding 70 onshore and offshore drilling rigs as well as equipment and facilities for offering integrated technical and engineering services, the National Iranian Drilling Company accounts for a major part of drilling exploration as well as appraisal/development wells in Iran.

As previously announced, the company has dug over 240 oil and gas wells across the country in the past two years.

MA/MA