News ID: 2201
Date: Monday 14 October 2024 - 20:49

One billion dollar damage to the National Drilling Company to the oil industry

One billion dollar damage to the National Drilling Company to the oil industry
The unexpected stoppage of 31 oil wells has reduced the country's daily production by 46 thousand barrels and caused a billion dollar damage. Mismanagement in National Drilling Company is the main cause of this crisis.

According to the exclusive report of Energy Press, investigations show that the National Drilling Company has suffered a huge loss of one billion dollars due to mismanagement in oil well repair operations last year.
This damage was caused by the long-term suspension of drilling operations in 31 wells and the loss of the opportunity to produce more than 46 thousand barrels of crude oil per day.
The story of harmful repairs
In this way, each of these wells has been waiting for repairs for an average of 100 days. Considering that each well produces an average of 1,500 barrels of oil per day, a total of 46,500 barrels of oil per day have been removed from the production cycle.
This long delay in the repair operations means the loss of the opportunity to produce a significant amount of crude oil, and as a result, it has led to a decrease in the country’s foreign exchange earnings.
The challenge of Pak Najad in National Drilling Company
According to estimates, the non-production of 46,000 barrels of crude oil per day has caused a loss of one billion dollars to the country’s oil industry. Meanwhile, Mohsen Paknejad, the Minister of Oil, has promised to increase the production of 400 thousand barrels of oil in the 14th government.
But it seems that in order to fulfill this promise, the oil minister must improve the performance of the National Drilling Company, solve its current problems, and put the messy situation of the National Drilling Company in order so that we no longer see huge losses to the country’s oil industry.
Considering the importance of the National Drilling Company in the country’s oil industry and its role in the production of crude oil, it is necessary to take serious measures to improve the performance of this company and prevent the repetition of such huge damages.

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