Author Archives: admin

The Investigation of Economic Factors in Post-Sanction Condititons

The most important expectation of Petroleum Industry is that foreign companies bring required technology and capital to our country; moreover, they can benefit from the maximum potential of Iranian companies which have flourished in recent years in projects and pave the way for the training of Iranian workforce and companies especially in the field of project management.   The investigation ...

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The Investigation of the Effective Factors of Economic Evaluation

The investigation of the effective factors of economic evaluation is among critical issues associated with Iran drilling services economy and market. Several factors are of importance to be mentioned. The main factors are as follows: 1-Cost estimate (capital, operation), 2- Income estimate ( work load and rates), 3- Planning horizon, 4- Discount rate (Cost of capital , value for money and minimum absorption rate), 5- Measures of profit , profitability ...

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The Impact of Client-Contractor Relationship on Cost Decrease

The contracts made between drilling clients (operators) and contractors are of great importance in decreasing drilling cost. Incentive contracts are one instance of contracts leading to drilling cost decrease.   Client-contractor relationships have a significant influence on the decrease of drilling cost. The contracts made between drilling clients (operators) and contractors are of great importance in decreasing drilling cost. Incentive ...

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Drilling : The Golden Gate of Oil Industry Development

The Drilling industry is probably considered as the most important principle of oil and gas discovery and production. Without planning for the development of this key industry, the realization of oil and gas production goals will not be possible. Today, the significance of drilling in the oil industry has placed this industry as one of the ranking indices for countries ...

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Things to Know before entering Iran Drilling Market

  OPEC data put Iran’s proven oil reserves at 157.7 billion barrels and its natural gas deposits at 34 trillion cubic meters (tcm). Iran’s oil production hovered around 3.1 million barrels a day (mb/d) in 2014, which officials say could reach 4 mb/d with a year after international sanctions are lifted on the country. Iran’s current oil and gas output capacities are estimated at 3.8 mb/d and 760 mcm/d ...

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A Glance at Directional Drilling, Taking on the Challenges

It should be highlighted that the most significant advantage of such drilling method is penetrating those reservoirs which could not be produced economically except for applying directional drilling technology.   World economy prosperity requires energy resources. According to the present studies and statistics, hydrocarbon will remain as the major energy supply until 2050. Geographical distribution of these resources indicates that ...

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Importance, Challenges, and Approaches in Post-Sanction Epoch

  Iran is considered as one of the main countries possessing the greatest oil and gas reserves. Aiming to reserve preservation, optimized exploration till production, safe transmission with least wastes & final refinement, require up-todate technologies as well as practical commitment to apply the highest level of safety & quality within the oil & gas sector. Domestic & global major ...

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Precision Coiled Tubing Perforation

  Running perforation guns with coiled tubing conveyance is an effective method of oil and gas wells perforation. Since other services like acidizing and well stimulation can also be carried out by coiled tubing, this method can be considered economical and efficient in several cases. Precise depth determination and perforation precision have been continually controversial issues from the beginning of ...

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Sustainable Development in Drilling Fluids Industry

  Drilling fluids are made of the combination of materials with different properties suspended in water or hydrocarbon surroundings. It is a delicate and complex issue to reach appropriate drilling fluids formulation for the implementation of multiple aims, which are sometimes contradictory, together with its rotation in the depth of earth and connecting layers composed of various lithology under pressure ...

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Logging Early Development and Challenges

The main challenges that Iranian logging domain and industry has been encountered during the recent years could be classified as human resources, technology, management, Procedures and communications, and data quality.   It is more than a century since Oil has been discovered in Iranian plateau. Iran is one of the majors and leading countries in Oil & Gas reserves. In fact, oil industry has been established in the Middle East ...

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