The unveiling of 16 new exploration blocks in the oil industry / Proved hydrocarbon reserves increased by 2.5 million barrels of oil.

According to Fars news agency and quoted by the public relations of the Ministry of Oil, Mohsen Khojstemehr today during a visit to the exploration monitoring site of the Exploration Management Building of the National Iranian Oil Company, stating that 16 new blocks have been added to the exploration blocks, he said: with the aim of maximizing oil reserves. and gas in the country and raising the replacement rate of oil and gas production, since the beginning of the 13th government, about 2 billion and 500 million barrels of oil equivalent have been added to the country’s hydrocarbon reserves.

Referring to the planning for new exploration activities, he added: In order to continue and expand the huge exploration activities that are considered as the strategic foundation of the oil and gas industry, plans have been made that with an investment of about one billion and 200 million dollars, about 16 new exploration blocks in It is exposed to development for the private sector and contractors and exploration and production companies.

The CEO of the National Iranian Oil Company explained that the strategic depth of this company is management of exploration, and explained: by carrying out extensive exploration activities, huge hydrocarbon reserves, which are likely to be more than the established reserves, will be discovered.

Khojstemehr mentioned the previous exploration activities and said: about 10 exploratory blocks were introduced before, and now with the addition of these 16 new blocks, we reach 26 exploratory blocks.

Referring to the 115-year history of oil discovery in Iran, he said: for the first time in the 13th government, the method of aerial magnetometry was carried out in order to identify and distinguish sedimentary layers by Iranian experts and instruments, including Iranian planes and pilots, which was carried out before the victory This kind of thing did not happen before the Islamic revolution, now this knowledge of localization and all the necessary tools have been provided inside the country and it is considered a new tool that helps exploration activities.

In the end, Khojstemehr explained about financing for the development of these exploration blocks: one and a half billion dollars have been allocated for various exploration sectors in the 7th plan, and in my opinion, the private sector of the country has the power and ability to provide this amount of capital.

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