Abu Dhabi National Oil Company (ADNOC) announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni.
The new significant find will be added to the initial finding in February 2022 from a shallower target, taking the total amount of gas in place from this single well to 2.5 – 3.5 TSCF.
As part of ADNOC’s first competitive block bid round, a consortium led by Eni and PTT Exploration and Production Public Company Limited (PTTEP) was awarded exploration rights for Offshore Block 2.
Yaser Saeed Almazrouei, ADNOC Upstream Executive Director, said: “This discovery further highlights how ADNOC’s accelerated exploration and development program is identifying untapped hydrocarbon resources, creating long-term value for the UAE. We are particularly pleased to see Eni and PTTEP pursuing deeper zones, which has demonstrated additional potential resources in place. We look forward to continuing to work with all our strategic partners to sustainably identify and further unlock Abu Dhabi’s hydrocarbon resources.”
Both discoveries leveraged insights from ADNOC’s ongoing 3D mega seismic survey, underpinning the important role the survey is playing as it utilizes state-of-the-art technologies to help identify new hydrocarbon resources across the Emirate of Abu Dhabi.