The Rig-Up operation of Pezhvak Energy’s first owned onshore drilling rig, with a power capacity of 2000 horsepower, was successfully completed in the Sepehr and Jufair field.

This operation, conducted on Sunday, February 17, 2025, marks a significant step in enhancing the company’s operational capabilities and achieving the strategic expansion plans of Pasargad Energy Development.

The Rig-Up operation of the Pasargad 21 drilling rig was carried out with strict adherence to technical and safety standards. The rig will soon commence its drilling activities in the Sepehr and Jufair field as part of the EPD package for seven Ilami wells.

As part of its strategic plans, Pezhvak Energy aims to acquire three onshore drilling rigs. In this regard, a 2000-horsepower drilling rig (Pasargad 21) has already been purchased and deployed in the Sepehr and Jufair project. Additionally, a 3000-horsepower drilling rig (Pasargad 31) has been purchased and imported into the country. It will soon be deployed in the Sepehr and Jufair project as part of the EPD package for eight Fahlian wells. Meanwhile, another drilling rig is currently under construction.

It is worth mentioning that the operation of these rigs has been entrusted to Ostovan Kish Drilling Company, a highly capable and experienced firm in the drilling industry.

With the support of Pasargad Energy Development, Pezhvak Energy has taken a significant step in expanding the country’s drilling fleet and enhancing its own operational capacity, along with that of the Pasargad Energy Development Group. The company is committed to leveraging advanced equipment and skilled professionals to play a more influential role in the drilling industry and further pave the way for the growth and development of this sector.