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 07:24 2018 Friday ,12 January

Syria regime battles jihadists for airbase

GMT 16:47 2016 Saturday ,13 August

Xinhua Insight: Under Xi, China wages war on poverty

GMT 11:21 2015 Monday ,02 March

TCA launches National Library e-Shopping

GMT 20:44 2017 Sunday ,27 August

War, hunger and now cholera

GMT 20:59 2017 Sunday ,08 October

US move to quit Iran deal may spark showdown

GMT 10:00 2017 Thursday ,06 July

Singer Asala will return to Beirut in days

GMT 12:09 2017 Monday ,14 August

Ayman Ashraf happy for joining Al Ahly

GMT 23:16 2017 Monday ,16 October

AL chief condemns Somalia terror blasts
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