The National Iranian Drilling Company achieved a major operational milestone by boosting hydrocarbon exploration and production metrics. Chief Executive Officer Morteza Fuladi confirmed that 23 oil and gas wells were drilled and completed in the first three months of this Iranian calendar year. This significant achievement highlights the intense operational output of the domestic extraction crews and the versatile corporate fleet. Furthermore, the specialized state-run enterprise finalized these vital technical projects across various offshore and onshore resource-rich regions. Consequently, the steady expansion of well infrastructure directly supports the overarching strategy to stabilize the energy marketplace.
Statistical data from the quarterly corporate brief reveals a precise breakdown of the recently finished well structures. Specifically, technical crews managed six developmental and appraisal wells alongside seventeen distinct workover operations during the period. Meanwhile, nineteen of these functional installations sit within the geographic territory of the National Iranian Southern Oilfields Company. Another facility strengthens the offshore extraction networks, whereas three remaining assets serve various external client companies directly. Therefore, the company successfully distributed its heavy equipment to maximize output across multiple oil-producing provinces.
The total drilling distance recorded by active machinery during this timeframe reached an impressive forty-one thousand meters. Additionally, field coordinators are currently relocating eight heavy and light onshore drilling rigs across the active areas. The state enterprise manages a massive comprehensive fleet consisting of seventy-three diverse onshore and offshore drilling units. This technical inventory features light, heavy, and ultra-heavy machinery specifically designed to withstand complex geographical field challenges. Accordingly, the state-owned firm maintains over ninety percent of the competitive domestic market share for drilling operations.
To sustain this positive momentum, the firm is currently executing an ambitious eight-hundred-million-dollar fleet modernization program. This massive financial initiative covers deep structural overhauls for older rigs alongside the acquisition of fifteen new assets. Furthermore, management is aggressively pursuing the local manufacturing of critical industrial components to bypass strict international trade sanctions. This localization strategy significantly reduces corporate dependence on foreign equipment vendors while safeguarding domestic supply chains effectively. Ultimately, the company relies on seventeen thousand skilled employees to keep production lines stable for the national economy.