Fourth Drilling Rig Starts Operations at Iran’s Sepehr, Jofeir Fields

Abbas Goudarzi Arjmand, the project manager for the development of the Sepehr and Jofeir oil fields, made the remarks, stressing the importance of accelerating drilling to meet production targets.

"To achieve the target production of 110,000 barrels per day by the end of the second development phase, we need a minimum of six drilling rigs active annually. Therefore, the addition of MAPNA's second drilling rig in the year 1404 (2025-2026) is a necessary and critical step," he said.

Goudarzi Arjmand added that deploying new contractors will not only speed up drilling and well completion operations but will also create constructive competition among contractors active in the West Karun region, leading to qualitative and quantitative improvements.

With the installation of MAPNA's first rig, named ‘MAPNA Nour-2’, the number of active rigs in the Sepehr and Jofeir fields has increased to four. The rig's first task will be to drill a well in the Fahliyan reservoir to a depth of approximately 4,500 meters. The well is expected to produce over 4,000 barrels of oil per day.

Sepehr and Jofeir oilfields in the Southwestern part of Iran worth $2.8 billion with daily production of 50,000 bpd became officially operational in 2024.

Sepehr field's reserves are estimated at 5.4 billion barrels of oil, of which 450 million barrels are extractable.

Jufeir oilfield's reserves are estimated at 4.4 billion barrels of oil. Its potential production reaches 390 million barrels, of which 390 million barrels are extractable.

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