{"id":92100,"date":"2024-05-17T00:00:00","date_gmt":"2024-05-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/ras-al-sadr-is-back-online\/"},"modified":"2024-05-17T00:00:00","modified_gmt":"2024-05-17T00:00:00","slug":"ras-al-sadr-is-back-online","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/05\/17\/ras-al-sadr-is-back-online\/","title":{"rendered":"Ras Al Sadr is back online"},"content":{"rendered":"

Adnoc to kick off production at Ras Al Sadr:<\/strong> The Abu Dhabi National Oil Company (Adnoc) is preparing to resume gas production in Abu Dhabi\u2019s Ras Al Sadr seven months after the oil giant discovered oil and gas reserves at the field, state news agency Wam<\/a> reports. Adnoc had discovered the deposits by running a 3D mega-seismic survey and by using AI to locate the oil and gas resources.<\/p>\n

About the field:<\/strong> Currently developed jointly by Adnoc and Japanese oil and gas producer Inpex\u2019s subsidiary, Jodco, the field has a daily production capacity of producing up to 100 mn standard cubic feet of gas \u2014 which it says is equivalent to the size of Sweden\u2019s daily gas needs. The field is expected to reach full production capacity by 2026. <\/p>\n

Background:<\/strong> While Ras Al Sadr was the first survey well drilled in the UAE in the early 1950s<\/a>, it was initially deemed a \u201cdry hole,\u201d with the first commercial gas discoveries coming from the Bab field. <\/p>\n

ICYMI<\/strong>- The Sharjah Petroleum Council also discovered new gas reserves in \u201cpromising economically viable quantities\u201d in the Al Hadiba field last week<\/a>.<\/p>\n

REMEMBER- <\/strong>Adnoc wants to boost its crude oil production capacity to 5 mn bbl\/d by 2027.<\/strong> 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<\/a>, amid speculations<\/a> over Opec\u2019s next moves and whether it plans to extend supply cuts that it implemented to stabilize the market. <\/p>\n","protected":false},"excerpt":{"rendered":"

The field is expected to be fully operational by 2026<\/p>\n","protected":false},"author":1,"featured_media":92101,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[57,143],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-adnoc","tag-energy","wpautop","entry"],"acf":{"mongo_id":"82dbe67f-ea01-4893-8f5d-9618a840108e","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1352.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adnoc to kick off gas production at Ras Al Sadr","related_issue":[92091],"teaser":"The field is expected to be fully operational by 2026","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.35db7064-4a1c-4999-95f4-b74544c6d0a1.mp3"},"yoast_head":"\nRas Al Sadr is back online - 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