Iran’s NIDC Drills 123 Oil and Gas Wells

Iran’s National Iranian Drilling Company (NIDC) has drilled 123 offshore and onshore oil and gas wells in the first eight months of the current Iranian fiscal year, which started on March 21, 2015.

Mehran Makvandi, deputy managing director of NIDC, said 22 more wells were drilled compared to the same period in the past year, Shana news agency reported on November 25.

The wells were two exploratory, 61 developmental, and 60 repaired ones, of which 73 were drilled in southern fields.

The wells totalled 242,000 metres in depth, he said, adding that 10 wells were drilled in the past Iranian fiscal month (October 23-November 21).

NIDC operates 74 offshore and onshore drilling rigs in 10 provinces of the country.