Inpex subsidiary granted production concession for Onshore Block 4 Abu Dhabi
Inpex Corp. subsidiary JODCO Exploration Ltd. (JEL) was awarded a production concession for Onshore Block 4 in Abu Dhabi.
The award came from the Supreme Council for Financial and Economic Affairs (SCFEA) of Abu Dhabi in the United Arab Emirates (UAE), Inpex said in a release June 12.
JEL has discovered multiple conventional oil, condensate, and gas reservoirs within the block following drilling operations conducted in 2021.
JEL is operator Onshore Block 4 (40%) with partner ADNOC (60%). The two companies will jointly advance development and production activities. Japan Organization for Metals and Energy Security (JOGMEC) holds a 49% share in JEL.
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).
