AGL 37.99 Increased By ▲ 0.42 (1.12%)
AIRLINK 131.51 Decreased By ▼ -0.99 (-0.75%)
BOP 5.60 Decreased By ▼ -0.04 (-0.71%)
CNERGY 3.79 Increased By ▲ 0.02 (0.53%)
DCL 8.62 Decreased By ▼ -0.25 (-2.82%)
DFML 40.76 Decreased By ▼ -0.24 (-0.59%)
DGKC 87.40 Decreased By ▼ -2.76 (-3.06%)
FCCL 34.65 Decreased By ▼ -0.43 (-1.23%)
FFBL 65.70 Decreased By ▼ -0.80 (-1.2%)
FFL 10.34 Increased By ▲ 0.19 (1.87%)
HUBC 109.20 Increased By ▲ 2.80 (2.63%)
HUMNL 14.10 Increased By ▲ 0.70 (5.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.81 Decreased By ▼ -0.04 (-0.58%)
MLCF 41.30 Decreased By ▼ -0.50 (-1.2%)
NBP 59.35 Increased By ▲ 0.77 (1.31%)
OGDC 181.00 Decreased By ▼ -0.25 (-0.14%)
PAEL 25.45 Decreased By ▼ -0.25 (-0.97%)
PIBTL 5.89 Increased By ▲ 0.06 (1.03%)
PPL 145.30 Decreased By ▼ -3.10 (-2.09%)
PRL 23.23 Increased By ▲ 0.01 (0.04%)
PTC 15.50 Increased By ▲ 0.26 (1.71%)
SEARL 67.80 Decreased By ▼ -0.99 (-1.44%)
TELE 7.22 Decreased By ▼ -0.02 (-0.28%)
TOMCL 35.70 Decreased By ▼ -0.30 (-0.83%)
TPLP 7.50 Increased By ▲ 0.10 (1.35%)
TREET 14.13 Decreased By ▼ -0.11 (-0.77%)
TRG 50.80 Decreased By ▼ -0.05 (-0.1%)
UNITY 26.37 Decreased By ▼ -0.03 (-0.11%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,738 Decreased By -30.2 (-0.31%)
BR30 29,401 Increased By 1.3 (0%)
KSE100 91,748 Decreased By -190.1 (-0.21%)
KSE30 28,627 Decreased By -116.7 (-0.41%)

Abu Dhabi National Oil Company (ADNOC) on Thursday announced three oil discoveries including one at Bu Hasa, Abu Dhabi’s biggest onshore field, with a crude oil production capacity of 650,000 barrels per day (bpd), the company said on Thursday.

The discovery in Bu Hasa includes 500 million barrels of oil from an exploration well in the field, the company said in a statement, adding that the discovery offers "substantial additional premium-grade Murban oil resources".

ADNOC said the second oil find was in Abu Dhabi’s Onshore Block 3, operated by Occidental, and around 100 million barrels of oil in place were discovered.

Abu Dhabi’s Borouge to sell 10% of its shares in IPO and list on ADX

In the third discovery, around 50 million barrels of light and sweet Murban-quality crude were found in the Al Dhafra Petroleum Concession, ADNOC said.

Comments

Comments are closed.