Petro Danial Kish Company

What Petro Danial Kish Company does

Petro Danial Kish (PDK) is a privately held Iranian upstream oilfield services company, founded in 2010 as a subsidiary of Pasargad Energy Development Company (PEDC) and headquartered in Tehran with operational offices on Kish Island and in Ahvaz. PDK delivers specialized well-construction, intervention, and evaluation services across onshore and offshore fields, with a portfolio that includes wireline logging (open-hole petrophysics/geophysics and cased-hole integrity/perforation), well testing and drill-stem testing rated to 15,000 psi and 410°F, coiled tubing and stimulation (including a skid-mounted 8,600 HP fracturing package with 100 bbl/min on-fly acid mixing), directional drilling with rotary-steerable and MWD/LWD systems, drilling tools and downhole motors, and marine services delivered through the multi-purpose Hilla Service Barge (250-ton lift capacity, 100+ person accommodation, 8-point mooring for 6-ft wave operations). Adjacent or planned services include ESP monitoring, FSA/PLT, nitrogen lifting, and forthcoming H2S and cementing divisions.

The company operates a B2B technical services model, generating revenue through project-based contracts (fixed-price or time-and-materials, multi-year in some cases) with major Iranian national oil companies and their subsidiaries, supplemented by equipment-rental income. Sales are direct and relationship-led, supported by participation in the Iran Oil Show, technical seminars with NISOC and NIOC Exploration, HSE industry events, and a knowledge-based company designation from Iran's Vice Presidency for Science and Technology. Operations span Iran's major oil provinces (Khuzestan, Ilam, Mazandaran, Golestan, Ardabil, Khorasan Razavi) and offshore assets including South Pars and Sepehr-Jufair.

PDK operates from a 101–250 employee base and has accumulated a substantial operational track record (e.g., 472 wireline, 335 well test, 172 coiled tubing, and 155 TCP operations). The fleet has been actively expanded through 2024–2025, including a third coiled tubing unit (with 100K injector head enabling coiled-tubing drilling), the Hilla service barge, and stacked ISO 9001/14001/45001/50001 certifications (the ISO 50001 was a first in Iran's upstream sector). Recent strategic activity includes MOUs with the Chemistry & Chemical Engineering Research Center of Iran (CCERCI) on Viscoelastic Diverting Agent chemistry and with Pishro Farayand Radin/IOIV on localized nitrogen generators, both targeting Sepehr/Jufeir field operations.

Name

Petro Danial Kish Company

Legal name

Petro Danial Kish

Website

https://petrodanial.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Petro Danial Kish (PDK) is an Iranian upstream oilfield services company and PEDC subsidiary that delivers wireline logging, well testing, coiled tubing and stimulation, directional drilling, drilling tools, and marine (Hilla barge) services to Iranian national oil companies and operators across onshore and offshore fields.

Ownership category

akta.pro rank

Product category

Upstream Oil and Gas Technical Services

NAICS

Support Activities for Mining (2131), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)

akta.pro secondary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

Keywords

• Oilfield technical services
• Well intervention services
• Wireline logging services
• Coiled tubing operations
• Upstream drilling services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Technical Well Services Contracts: PDK generates revenue through project-based contracts providing specialized oilfield technical services including wireline logging, well testing, coiled tubing, stimulation, directional drilling, and marine services. Revenue is earned through fixed-price or time-and-materials contracts with major Iranian oil and gas operators.
2. Equipment Rental: Provision of drilling tools and equipment rental services including downhole mud motors, drilling string components, stabilizers, reamers, and fishing equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Petro Danial Kish Company (PDK) is a B2B oil and gas technical services provider delivering upstream well intervention and drilling solutions to Iranian oil and gas operators. Its portfolio spans wireline logging, well testing (surface and DST), coiled tubing and stimulation (including matrix acidizing and high-pressure fracturing), directional drilling, drilling tools, and marine services executed from the proprietary Hilla multi-purpose service barge. Services are delivered through project-based contracts with deployment of specialized equipment fleets and skilled personnel to client onshore and offshore fields across Iran.

Product overview

Petro Danial Kish (PDK) is an oil and gas technical services company offering a comprehensive portfolio of upstream well services. The company operates a multi-service platform approach combining Wire Line Services, Well Testing Services, Coiled Tubing and Stimulation Services, Marine Services (via the Hilla Service Barge), Directional Drilling Services, and Drilling Tools Services. These services are delivered through specialized equipment fleets and skilled personnel. The company is expanding into H2S Services and Cementing Services as part of its development plans. PDK serves major Iranian oil and gas operators including NIOC, NISOC, POGC, Petropars, Dana Energy, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Wire Line Services

Quantifiable outcome

• 480% oil production increase at Sepehr-11 well through smart well testing and acidizing design
• +3 more outcomes

Named customers16 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Six partnerships are on record, tiered core and minor.

• National Iranian South Oil Company (NISOC)coreStrategic or Co-development Partner · 31 May 2025Technical seminar held in Ahvaz where PDK presented advanced capabilities in Coiled Tubing Drilling and Through Tubing services. Important step toward expanding partnerships with NISOC and promoting innovative solutions in drilling technical services.
• Chemistry & Chemical Engineering Research Center of Iran (CCERCI)coreStrategic or Co-development Partner · 10 May 2025MOU signed during 29th Iran International Oil, Gas, Refining & Petrochemical Exhibition for joint design and production of Viscoelastic Diverting Agent (VDA) to be used in acid stimulation operations in Sepehr & Jufeir oil fields. Includes joint execution planning, knowledge exchange, leveraging research infrastructure, and developing technological solutions for advanced field applications.
• Pishro Farayand Radin CompanycoreTechnology or Integration · 8 May 2025Tripartite MOU with IOIV for deployment of nitrogen generators designed and manufactured by Pishro Farayand Radin in PDK's well services and technical drilling projects. Part of initiative promoting commercialization and market expansion of high-tech, knowledge-based solutions in the oil and gas industry.
• Iranian Oil Industry Ventures (IOIV)coreStrategic or Co-development Partner · 8 May 2025Tripartite MOU partner supporting nitrogen generator deployment in PDK's upstream well services operations. Represents platform for commercialization of high-tech solutions.
• NIOC ExplorationcoreStrategic or Co-development Partner · 1 January 2025Innovation collaboration for real-time downhole pressure and temperature data collection during nitrogen lifting in exploration wells. Developed innovative solution involving Memory Gauge, special Gauge Carrier, and adapter for simultaneous nitrogen pumping and data recording. Method successfully implemented in southwest Iran exploration well.
• University of Tehran Oil AssociationminorStrategic or Co-development Partner · 31 December 2024Collaborative seminar titled 'A Brief Overview of Drilling Services' bringing together industry professionals and university students. Supported by Pasargad Energy Holding. Event included presentation by CEO and expert engineers on perforation, well stimulation, coiled tubing, and drilling with coils.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Weatherford International: Global oilfield services provider specializing in drilling, evaluation, and production solutions with strong wireline and intervention capabilities. Direct incumbent comparable to PDK in well intervention, drilling tools, and well testing product lines.
• SLB (formerly Schlumberger): Global oilfield services major providing the full suite of well construction, intervention, and digital services. Represents the international incumbent benchmark for wireline, well testing, coiled tubing, and stimulation capabilities that PDK delivers in Iran at a regional scale.
• Baker Hughes: Global oilfield services and energy technology company covering drilling, completions, production, and digital solutions. Broad incumbent peer whose oilfield services segment competes head-to-head with PDK's wireline, drilling tools, and ESP service offerings in any accessible market.
• Halliburton: Global oilfield services major with leading positions in stimulation, well intervention, and directional drilling. Comparable as a broad incumbent whose product line (including the Landmark/Landmark DecisionSpace software stack and the Boots & Coots well control services) overlaps almost entirely with PDK's service portfolio.
• Pasargad Energy Development Company (PEDC): PDK's parent conglomerate operating across upstream E&P, midstream, and energy services in Iran. As the broader energy group within which PDK sits, PEDC is the structural incumbent comparable to a multi-business parent that owns and competes with specialized service subsidiaries.

Regional players

• National Energy Services Reunited (NESR): Middle East-focused oilfield services provider offering drilling, coiled tubing, wireline, and stimulation services across MENA. Comparable as a regionally focused peer operating in similar geographies to Iran's neighboring oil markets, though NESR has historically limited direct Iran operations due to sanctions.

Direct peers

• MAPNA Drilling Company: Subsidiary of MAPNA Group providing onshore drilling rigs and drilling services to Iranian oil and gas operators. Competes with PDK's directional drilling and drilling tools capabilities for the same NIOC drilling tenders, especially onshore Khuzestan and central Iran.
• National Iranian Drilling Company (NIDC): State-owned Iranian drilling contractor providing onshore and offshore drilling services to NIOC and private operators. Closest direct peer in Iran's upstream services ecosystem, competing with PDK for the same tenders and operating a similar well construction and intervention business model.
• Iranian Offshore Engineering and Construction Company (IOEC): State-owned Iranian offshore EPCI contractor building platforms, jackets, and offshore infrastructure. Comparable as a domestic Iranian offshore services peer competing for the same South Pars and Persian Gulf project pipeline that PDK's Hilla barge targets.
• Dana Energy Group: Iranian integrated energy company providing drilling, E&P, and oilfield services including well testing, coiled tubing, and wireline. Both companies serve NIOC subsidiaries across the same oil provinces and overlap heavily in well intervention service lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/petro-danial-kish

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petro Danial Kish Company