Iran cites key oil technology success

May 09, 2015 12:00 AM

Iran said on Saturday that it had been able for the first time to produce a fluid which is used for the drilling of oil wells.

The Ministry of Petroleum said its experts have been able to build a gas microbubbles generator which facilitates drillings into oil wells – a technology which has so far been in the hands of the United States.

The generator was officially revealed by the Ministry of Petroleum at the 20th International Oil, Gas, Refining and Petrochemical Exhibition in Tehran.

“This technology will be soon tested in one of Iran’s most important oil fields,” said Mohammad Soleymani, a research director from the Ministry of Petroleum.

“It is specifically helpful for fields that have suffered a huge degree of depletion,” Soleymani, who heads the Pardis Pazhuhesh Digging Technology Institute of the Ministry of Petroleum, has been quoted as saying.

A majority of Iran’s oil fields are in the second half of their lifespan. Several of the country’s key fields – whose daily production stood in hundreds of thousands of barrels before the 1979 Islamic Revolution – are presently producing only a few dozen thousands as the result of a significant depletion.

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