Inpex Corp., through its subsidiary JODCO Exploration Ltd. (JEL), discovered multiple conventional oil, condensate, and gas columns in an exploration well at Onshore Block 4 in a coastal area in the central part of the Emirate of Abu Dhabi which includes Abu Dhabi City.
JEL conducted drilling operations based on the evaluation of 3D seismic exploration data and will conduct data analysis from crude oil and natural gas production tests. This is the first oil discovery of mainly Murban grade from this concession area as well as from a new geological formation. The provisional oil, condensate, and gas in place combined discoveries totals up to 1 billion boe.
Further exploration activities will pursue potential commercial development of the block in close collaboration with the Abu Dhabi National Oil Co. (ADNOC). The block covers a surface area of about 6,116 sq km in the vicinity of existing oil and natural gas production infrastructure, aiding early-stage development and production of crude oil and natural gas.
JEL is operator of the block and has 100% interest in the exploration phase (OGJ Online, Mar. 18, 2019).
