Apr 21, 2020, 6:08 PM
Journalist ID: 1842
News Code: 83759797
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Iran retaining high status in oil, gas discovery

Tehran, April 21, IRNA – The director of the National Iranian Oil Company’s Discovery Department said on Tuesday that Iran’s declared discoveries of natural gas and oil has put Iran's status at a higher level though it has not been officially announced yet.

Saleh Hendi said all the Sedimentary basins of the country have been recognized and prioritized.

Hendi said that the sedimentary basins of the country are being carefully modeled and some have already been modeled based on new methods.

Hendi added that eight new wells will be dug in the new Iranian year (started on March 20, 2020): 6 onshore land and 2 offshore.

He also said digging five new wells started last year and will be continued this year.

Hendi said that 18,000 meters of wells were dug last year. Four exploratory wells were completed last year and the five remaining ones will go on this year.  

He added that it is expected that digging eight wells will be completed this year.

Hendi went on to say that in the past two years, Iran has not had failed wells, which is a good record, hoping that the record will go on.

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