Caspian Oil Company Completes Gorgan Plain Seismic Study and Plans Exploration Drilling

Mohammad Hossein Daneshfar, chief executive of Caspian Oil Company, said in a report published Tuesday, 28 Mehr 1405 (October 20, 2026), that interpretation of seismic data from the western Gorgan Plain identified new exploration structures in western Golestan and an offshore Caspian block. The company said data acquisition ended in Ordibehesht 1404, and interpretation began in Esfand of the same year.

Daneshfar said a plan to drill an exploration well in 1406 has been approved. Finding a geological structure is not a commercial reserves discovery; that awaits drilling and well tests. The work advances oil and gas exploration in northern Iran.