ENI’s First Offshore Exploration Well in Abu Dhabi Results in Another Significant Gas Discovery

Source Press Release
Company ENI S.p.A.PTT Exploration and Production (PTTEP) 
Tags Exploration, Discovery, Upstream Activities
Date July 29, 2022

Eni announces yet another significant gas discovery of 1-1.5 trillion cubic feet (TCF) of raw gas in place, in a deeper zone, in its first exploration well drilled in Offshore Block 2 Abu Dhabi, United Arab Emirates (UAE).

This discovery follows the initial finding in a shallower zone of the same well, aggregating to a total gas in place of 2.5 - 3.5 TCF.

The gas-bearing reservoirs were tested with excellent flow rates, and fast-track development options are currently under evaluation.

Eni has a 70% stake and is Operator of Block 2, with partner PTTEP that holds the remaining 30%.

Eni has been present in Abu Dhabi since 2018. The company is the operator of 3 exploration concessions and has a participation with ADNOC in 3 offshore development and production concessions, Lower Zakum (5%), Umm Shaif and Nasr (10%) and Ghasha (25%).

Source: EvaluateEnergy® ©2022 EvaluateEnergy Ltd