adnoc to expand use of eor and erd technologies to maximise value of resources
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ADNOC to expand use of EOR and ERD technologies to maximise value of resources

Arab Today, arab today

Arab Today, arab today ADNOC to expand use of EOR and ERD technologies to maximise value of resources

ADNOC
Abu dhabi - WAM

Abu Dhabi National Oil Company, ADNOC, said today it will expand its use of Enhanced Oil Recovery, EOR, and Extended Reach Drilling, ERD, technologies as part of its plans to maximise the value of its resources.

ADNOC intends to expedite the development of its hydrocarbon resources, and enhance recovery from the large number of smaller and more complex structures within its reserve base. Through partner research projects and technological implementation, ADNOC aims to enhance recovery from these reserves.

ADNOC has been deploying ERD since the early 90s, maximising contact with the reservoir by drilling horizontally through the reservoir. Since 2014, ADNOC has used the technology to cluster wells in its onshore and offshore fields. ADNOC also uses both CO2 and gas injection EOR to extend the lifespan of maturing oilfields and increase their productivity.

Under its recently approved 2030 Strategy and five-year business plan, ADNOC is on track to increase crude oil production by 400,000 bpd over the next two years, bringing its total production to 3.5m bpd by the end of 2018.

"We are focusing on delivering more valuable and profitable operations across exploration, drilling and production, while maintaining the highest standards of HSE and protecting the integrity of our assets," said Abdulmunim Al Kindy, ADNOC’s Exploration, Development and Production Director.

"We have already laid the foundations to enable ADNOC to achieve maximum economic and technically viable production levels in order to maximise our contribution to Abu Dhabi and to ensure we stay competitive and deliver the greatest value from our resources."

Last month, ADNOC announced its intention to consolidate its offshore exploration operations by integrating the Abu Dhabi Marine Operating Company and Zakum Development Company into a new single company.

The consolidation is expected to yield significant financial and operational benefits. The new company resulting from this integration will be more agile, better able to respond to changing market

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adnoc to expand use of eor and erd technologies to maximise value of resources adnoc to expand use of eor and erd technologies to maximise value of resources

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adnoc to expand use of eor and erd technologies to maximise value of resources adnoc to expand use of eor and erd technologies to maximise value of resources

 



GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 22:24 2017 Tuesday ,12 December

Bahrain hosts ALECSO, ISESCO experts meeting

GMT 01:57 2017 Wednesday ,11 January

Kuwait to start importing gas from Iraq

GMT 06:08 2017 Sunday ,17 September

Kurdish parliament votes to move ahead with referendum

GMT 19:23 2016 Tuesday ,20 December

At least 22 dead in clashes in Yemen’s Taiz

GMT 18:29 2017 Thursday ,09 March

IOF Arrest Palestinian Female MP in West Bank Raid

GMT 11:18 2017 Sunday ,10 December

Volcanic eruptions no match for cockfighting

GMT 02:28 2017 Monday ,23 October

Oct24/Nov22

GMT 18:32 2017 Wednesday ,29 March

Second Youth Panel of Supreme Committee for Delivery

GMT 14:25 2017 Thursday ,06 July

Trump says US-Europe bond 'as strong as ever'

GMT 01:50 2016 Tuesday ,01 November

Egypt, Singapore agree on expanding cooperation

GMT 04:57 2016 Monday ,28 November

AL warns of violence against women in Middle East
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday