Exploration/discoveries

ADNOC Makes Three Onshore Discoveries

The new finds could add more than 600 million BOE of gross crude reserves.

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Abu Dhabi National Oil Company (ADNOC) has unveiled three new oil discoveries including one at Bu Hasa, Abu Dhabi’s biggest onshore field, with a crude oil production capacity of 650,000 B/D.

The discovery in Bu Hasa includes 500 million bbl of oil from an exploration well in the field.

The second oil find was in Abu Dhabi’s Onshore Block 3, operated by Occidental, and is estimated to be around 100 million bbl of oil in place.

The onshore Al Dhafra Petroleum Concession yielded the third discovery—around 50 million bbl of light sweet Murban-quality crude.