When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons. We surveyed the Rig Count in different regions and countries and brought the results to this chapter. The total number of rigs by ...

A new phenomena named “digitalization” is changing the world and attempts to improve the lifestyle. Artificial intelligence (AI), Big data, Virtual Reality and Augmented Reality, Internet of Things (IoT), automation, Cloud computing, and other technologies brought by digitalization are penetrating in all industries and resulting in the revolutions. Petroleum industry is not an exception. This industry is facing a new ...

The annual oil revenue is about $ 9-10 billion, of which $ 2-2.5 billion is spent on wages and salaries in the government, and $ 2-3 billion on maintenance costs.   How many IPC contracts do you think will be signed in the next 5 months? It is expected that 4 or 5 fields such as Ab-Teymour, Mansouri, Chengouleh, Azadegan, ...

The only Iranian specialized magazine has been published in the most important global oil and gas exhibition and conference, “ADIPEC 13-16 November 2017”. In the 8th Volume of drilling magazine, digitalization in different industries specially petroleum industry has been investigated. Great IOCs proceedings in Digitalization, impact of digitalization on HR, the great revolution made by digitalization in upstream industries and ...

Oil and Gas Industry is a Prime Target for Cyber Criminals Oil and Gas Industry Accounted for 25% of Victims in June’s NotPetya Ransomware Attack; Frequency of Incidents Growing by 350% Year on Year ADIPEC 2017’s Security in Energy Conference Will Focus on Strategies to Mitigate Cyber Crime Risks and Deploy Defence Mechanisms to Protect Critical Industry Systems and Infrastructure ...

Dr. Mohammad Ali Emadi, Deputy in Upstream Development Pasargad Energy Development Company How far are E&P companies from where they must be and how must this distance be covered in short- and long-term programs? Based on the needs of our country, a paradigm shift has been started for several reasons. One of these reasons is the changes in production conditions ...

Iran has only been using the buy-back model till 2013. Despite the significant successes during the low oil price era, this contractual model had some unsatisfactory limitations; such as: lack of a reasonable connection with market changes, limited financial structure, and difficulty in change of scope depending on reservoir behavior. The new model was designed by considering all limitations. In ...

Iran has only been using the buy-back model till 2013. Despite the significant successes during the low oil price era, this contractual model had some unsatisfactory limitations; such as: lack of a reasonable connection with market changes, limited financial structure, and difficulty in change of scope depending on reservoir behavior. The new model was designed by considering all limitations. In ...

Ministers present at the 22nd World Petroleum Congress. The English-language publication “Drilling” is the only Iranian media supporting this prestigious global event.

Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world’s largest gas field. The project will have a production capacity of 2 billion cubic feet per day or 400,000 barrels of oil equivalent per day including condensate. The produced gas will supply the Iranian ...