Adnoc to kick off production at Ras Al Sadr: The Abu Dhabi National Oil Company (Adnoc) is preparing to resume gas production in Abu Dhabi’s Ras Al Sadr seven months after the oil giant discovered oil and gas reserves at the field, state news agency Wam reports. Adnoc had discovered the deposits by running a 3D mega-seismic survey and by using AI to locate the oil and gas resources.

About the field: Currently developed jointly by Adnoc and Japanese oil and gas producer Inpex’s subsidiary, Jodco, the field has a daily production capacity of producing up to 100 mn standard cubic feet of gas — which it says is equivalent to the size of Sweden’s daily gas needs. The field is expected to reach full production capacity by 2026.

Background: While Ras Al Sadr was the first survey well drilled in the UAE in the early 1950s, it was initially deemed a “dry hole,” with the first commercial gas discoveries coming from the Bab field.

ICYMI- The Sharjah Petroleum Council also discovered new gas reserves in “promising economically viable quantities” in the Al Hadiba field last week.

REMEMBER- Adnoc wants to boost its crude oil production capacity to 5 mn bbl/d by 2027. It said it raised its crude oil production capacity to 4.85 mn barrels per day (bbl / d) from 4.65 mn bbl/d earlier this month, amid speculations over Opec’s next moves and whether it plans to extend supply cuts that it implemented to stabilize the market.

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