Phase I of the Zakum Field Expansion is Complete
Abu Dhabi National Oil Co, Abu Dhabi Marine Operations Co. and the Zakum Development Co. are teaming up to search for more hydrocarbons and expand the output capacity of the giant Zakum field.
The three companies have completed the first phase of the project involving what they described as the "world's biggest geophysical, seismic three-dimensional survey." "The project took nearly 18 months to complete and it has attracted great global interest in the oil and technical fields as it involved new advanced techniques that have not been introduced before in unprecedented survey conditions," said ADNOC. Upper and Lower Zakum is one of the biggest offshore oilfields in the world with recoverable reserves of more than 10 billion barrels. Its combined production capacity is believed to be close to one million barrels per day. The latest survey covered approximately 1,500 square kilometers, more than double the area of Bahrain, and ADNOC said results were very encouraging.