ADNOC plans to expand its use of EOR, ERD technologies

ADNOC recently announced plans to expand its use of Enhanced Oil Recovery (EOR) and Extended Reach Drilling (ERD) technologies to maximize the value of its resources.
 
The company intends to speed up its hydrocarbon resource development and enhance recovery from its smaller and more complex reserve base structure through partner research projects and technological implementation.
 
ADNOC has used ERD since the beginning of the 1990s and has specifically used it to cluster wells in its onshore and offshore fields since 2014. The company should increase its crude oil production by 400,000 bpd over the next two years as part of its “2030 Strategy.”
 
“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,” Abdulmunim Al Kindy, ADNOC’s exploration, development and production director, said. “We have already laid the foundations to enable ADNOC to achieve maximum economic and technically viable production levels in order to maximize our contribution to Abu Dhabi and to ensure we stay competitive and deliver the greatest value from our resources.”