Assessment Estimates 22 Bbbl of Additional Unconventional Reserves in Abu Dhabi
Drilling Activity Details
Locations
Abu Dhabi
United Arab Emirates
Operators
Post Date
Shore Type
Geo Coordinate
Drilling Activity Summary
Description
According to an assessment by the Abu Dhabi National Oil Energy (ADNOC), there is a substantial onshore unconventional oil resource that contains an estimated 22 Bbbl of oil within region in Abu Dhabi. The additional reserve increases the UAE’s conventional oil reserves base to 107 Bbbl of recoverable oil. This increase in reserves is a result of ADNOC’s development towards its 5 Mbbl per day of oil production capacity target by 2030, and its appraisal activities, particularly in the Al Nouf Field. The country recently renamed the Al Dhabiya area as Al Nouf.
Description
According to an assessment by the Abu Dhabi National Oil Energy (ADNOC), there is a substantial onshore unconventional oil resource that contains an estimated 22 Bbbl of oil within region in Abu Dhabi. The additional reserve increases the UAE’s conventional oil reserves base to 107 Bbbl of recoverable oil. This increase in reserves is a result of ADNOC’s development towards its 5 Mbbl per day of oil production capacity target by 2030, and its appraisal activities, particularly in the Al Nouf Field. The country recently renamed the Al Dhabiya area as Al Nouf.