BAKU, Azerbaijan, August 4. The number of oil
and gas wells drilled in Iran grew by 17 during the first four
months of the current Iranian year (from March 21 through July 22,
2025) compared to the same period last year, Deputy Executive
Director of the National Iranian Drilling Company (NIDC) Hamidreza
Shafii told local media, Trend reports.
According to him, in the span of four months, a total of 48 oil
and gas wells were drilled and enhanced across the nation’s land
and water territories.
Shafii mentioned that 11 of the improved wells were development
wells, while 37 were on the mend.
The company official noted that 40 wells were drilled and
improved in the territory of the National Company for the Southern
Oil Zones, two wells in the territory of the Offshore Oil Company,
two wells in the territory of the Oil Development and Engineering
Company, one well in the territory of the Central Oil Zones
Company, and three wells were drilled and improved upon the order
of the National Oil Company.
Shafii added that the total depth of the excavation was 41,500
meters. Currently, 18 of the 64 drilling rigs of the NIDC are
deployed in various areas for excavation work.
As many as 74 oil fields and 22 gas fields are currently
operating in Iran. There are 37 oil fields in the territory of the
National Company of Iran’s Southern Oil Zones, 14 in the territory
of the Iranian Central Oil Zones Company, five in the territory of
the Arvandan Oil and Gas Production Company, and 18 in the
territory of the Offshore Oil Company. Additionally, the South Oil
Zones National Company of Iran operates five gas fields, the
Central Oil Zones Company – 13, the Pars Oil and Gas Company one,
and the Offshore Oil Company three gas fields.
Iran’s total hydrocarbon reserves are 1.2 trillion barrels. Iran
can produce 340 billion barrels of this gas with existing
technological equipment. Iran can use about 30 percent, while 70
percent remains unused underground.
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