76% progress in Kish gas field drilling

EghtesadOnline: Deputy Managing Director of National Iranian Drilling Company (NIDC) Mehran Makvandi says drilling of Kish gas field has shown 76 percent progress.

News ID: ۷۷۲۸۸۷

04 January 2017

Makvandi said drilling of 40 wells in South Azadegan has shown 91 percent progress and that of wells in Kish gas field 76 percent progress.
He said drilling and development of joint oil and gas fields is among priorities of Iranian oil industry.
Development of South Azadegan joint oil field, which is the biggest Iranian oil field, was entrusted to Chinese CNPC in the former government but was followed with sluggish pace, according to IRNA.
After long delay of the Chinese party, Ministry of Petroleum set a three-month deadline but development of the oil field was not changed. Hence, National Iranian Oil Company dismissed the Chinese contractor and entrusted the job with development of the field to Iranians.
After dismissal of the Chinese, development of the joint oil fields was expedited and Iranian drilling rigs started drilling in various sections of the field.
According to the NIOC, Makvandi provided details of such joint oil fields as Azadegan field and said 82 oil and gas wells are to be drilled and completed in the fields.
Makvandi noted that 40 of the developmental and detailed wells are in South Azadegan oil field, 13 in South Yaran field, seven in Azar oil field, and 22 in phase 14 of South Pars gas field.
The drilling project in Azadegan and South Yaran fields go on per a contract signed between the NIOC and the Petroleum Development and Engineering Company.
He said drilling 30 wells are complete and 10 remaining ones will be completed by end of this year.