Al Dhafra Petroleum begins oil production from Haliba field

ABU DHABI / WAM

Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company (Adnoc), the Korea National Oil Company (KNOC) and GS Energy, and one of Adnoc’s youngest operating companies, announced it has begun producing crude oil from Abu Dhabi’s Haliba field and discovered potential resources in three new fields in its
concession area.
According to an Adnoc statement, the success of Haliba “reinforces the UAE’s and South Korea’s strategic bilateral relations and reflects the importance Adnoc places on its long-term partnership with South Korea’s energy sector.”
Haliba field, located along the southeast border of the Emirate of Abu Dhabi, is a building block of Adnoc’s oil production capacity growth to four million barrels per day (bpd) by the end of 2020. Adnoc said the initial production from the field would progressively increase to 40,000 bpd by the end of 2019 as Al Dhafra Petroleum further unlocks the substantial potential of the field.
Al Dhafra Petroleum embarked on an extensive
appraisal programme in Haliba field that enabled it to discover 1.1 billion barrels of original oil in place (OOIP), a significant incre-ase from the 180 million initially estimated. At the same time, it discovered potential resources in three new fie-lds — Al Humrah, Bu Tasah, and Bu Nikhelah — following intensive exploration programmes.
This is the first time Al Dhafra Petroleum is producing crude since it was established in 2014 and, to commemorate the milestone, a special ceremony was held at Adnoc Headquarters.