ONGOING PROJECTS

The Sohrab Project, a monumental collaboration between Dana Energy and the National Iranian Oil Company, aims to unlock the vast potential of the newly discovered Sohrab oilfield while prioritizing environmental preservation and sustainability. This 20-year venture in Iran’s Khuzestan province seeks to produce 160 million barrels of oil while demonstrating a commitment to eco-conscious practices and empowering local communities.

Dana Energy and ZN Vostok’s joint venture oversees the Aban and West Paydar fields development near the Iranian-Iraqi border. The project focuses on well workovers, facilities upgrades, and demining, aiming to raise oil production from 20,000–30,000 BPD to 40,000 BPD by year-end. Aban field, discovered in 2009, and West Paydar, active since 1978, utilize ESP pumps for most of their production. Over 40 workover jobs have been conducted, with plans for 16 more by 2023. The project also pioneers Iran’s use of rent contracts for ESP pumps. This project highlights Dana Energy’s significant contribution to advancing oil and gas extraction and promoting regional cooperation. 

WP3 is an ambitious ongoing drilling and workover project in Iran’s Khuzestan province. It aims to rejuvenate 7 non-operational wells, consolidating them into a single productive entity. The project faces various challenges, including introducing a waste management system, drilling a horizontal section in the Asmari formation. WP3 is the first international Improved Petroleum Recovery (IPC) project and deals with the complexities of the West Paydar field’s unpredictable geological structure. As of June 2023, the project has made 40% progress and is expected to deliver its first oil barrels in July 2023.

Dana Energy’s Haftkel project officially started in 2023, is among our notable 3D seismic data acquisition projects. Covering 2,250 sq. km in Khuzestan province, we aim to acquire complementary 3D seismic data of the Haftkel field, and also identify the relation between Haftkel, Naft Sefid, and other prospect fields. Challenges posed by this project included the protected environmental zone, and the presence of residential areas, which was handled with proficient joint efforts and collaboration.

It is proudly announced that in a tender with the presence of strong competitors best exemplified by the National Iranian Drilling Company, Petro Iran Company, and North Drilling Company, Dana Energy was awarded a contract for the provision of 72 rig months of well exploratory drilling and ancillary services by at least two 2000 horsepower drilling rigs. Under the policies and primary goals of the National Iranian Oil Company, this project will be carried out over three years (for each rig) via the acquisition of two drilling rigs to drill and test eight exploratory wells within the Iranian territory.

Commenced in October 2023, the West Paydar MLT project was assigned to Dana Energy by the Russian client, ZN Vostok. What stands out most in this project is the pioneering use of multi-lateral drilling techniques in Iran by Dana Energy. The project scope includes drilling two appraisal wells and four production wells. As of May 2024, the project has achieved 16% overall progress, with the engineering phase completed, the procurement phase at 70% progress, and the drilling phase slated to begin in September 2024. Estimated to last 25 months, the West Paydar MLT project will utilize three rigs operating simultaneously.

In March 2024, Dana Energy was awarded the East Paydar 3D Seismic Project by the Petroleum Engineering and Development Company (PEDEC). This 17-month project aims to develop the East Paydar field, involving 29,800 shot points using vibrators. The project is expected to create approximately 400 jobs, benefiting the local workforce and engaging multiple contractors.

Despite challenges such as extreme heat and hazardous minefields, Dana Energy will leverage its two decades of expertise in geophysical services to ensure safety and efficiency. Stringent health and safety policies will be implemented to safeguard all personnel involved in the project.

In March 2024, Dana Energy was assigned the Golkhari 3D Seismic Project by NISOC, encompassing 1,000 square kilometers across Bushehr and Fars provinces. The project involves deploying 62,500 dynamite shot points amidst challenges like limited access roads in mountainous terrain and intense heat. Despite these hurdles, Dana Energy is determined to capitalize on its extensive expertise and skilled teams to ensure the project’s efficient and safe execution. Adherence to stringent safety and environmental standards remains paramount, highlighting our commitment to delivering a successful and timely completion.