The EPD contract for drilling eight new Fahlyani wells in the Sepehr and Jufair fields, commissioned by Pasargad Exploration, Production, and Development Company, was awarded to Pezhvak Energy at the end of February 2025. Leveraging its previous experience and established capacities, Pezhvak Energy successfully completed the necessary preparations for project execution, including finalizing engineering documents, holding tenders for procurement, and acquiring essential drilling equipment for the first well in less than a month. Subsequently, the 94 Fath drilling rig, owned by National Iranian Drilling Company, was spudded at Sepehr-10 on March 1, 2025, marking the start of drilling operations.
It is noteworthy that, in addition to the above-mentioned rig, the Pasargad 31 rig, a heavy drilling rig with 3,000 HP capacity, has also been allocated to the project. It is expected to be spudded in May 2025.
Simultaneously, the EPD project for seven Ilami wells is also in progress. In this regard, the 85 Fath drilling rig was spudded at Jufair-5 on February 19, 2025—a workover well. This rig had previously completed workover operations at Jufair-3 on February 4, 2025, eight days ahead of schedule. Notably, SRP pumps were utilized in Jufair-3 for the first time to enhance production and efficiency.
Furthermore, Pasargad 21 drilling rig, with a 2,000 HP capacity, has been deployed at Jufair-12 and is set to commence drilling a new well shortly.
With a team of specialized and skilled professionals, Pezhvak Energy is recognized for its agility, risk-taking ability, and commitment to project completion in EPD operations.