Lower Zakum oil field
| Lower Zakum Oil Field | |
|---|---|
| Country | United Arab Emirates |
| Region | Persian Gulf |
| Offshore/onshore | offshore |
| Operator | Abu Dhabi National Oil Company |
| Field history | |
| Discovery | 1963 |
| Start of production | 1963 |
| Production | |
| Current production of oil | 425,000 barrels per day (~2.12×107 t/a) |
| Estimated oil in place |
2420 million tonnes (~ 2.73×109 m3 or 17200 MMbbl) |
| Estimated gas in place | 12,400×109 cu ft (350×109 m3) |
The Lower Zakum Oil Field is the lower horizons of the Zakum oil field 84 km north west of Abu Dhabi Islands. The upper reservoir horizons are known as Upper Zakum oil field.
It was discovered in 1963 and developed by Abu Dhabi National Oil Company. The oil field is owned by Abu Dhabi National Oil Company and operated by ADNOC Offshore.
The 40% foreign interest is split between Japan's INPEX (Lead partner - 10%), the Chinese CNPC (10%), India's ONGC Videsh (10%), Italy’s ENI (5%) and France’s Total 5%.
The total proven reserves of the Lower Zakum oil field are around 17.2 billion barrels (2420×106tonnes), and production is centered on 425,000 barrels per day (67,600 m3/d).[1]
References
- ↑ The A to Z of petroleum industry. Google Books. 2002. Retrieved 2014-05-14.
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