ONS ' 14: ADNOC strives for 70% ROR as part of production plan
ANNE EKERN, Contributing Editor
STAVANGER, Norway -- Abu Dhabi’s state-owned company, ADNOC, has set itself the ambitious goal of more than doubling the rate of recovery (ROR) for its producing assets, from 30% to 70%. It is not a wonder that R&D and enhanced oil recovery (EOR) are very high on ADNOC’s agenda these days. Given that this region accounts for about 7% of global oil resources, there is clearly a huge potential for additional value creation.
“As a company, we are targeting an increase in our oil production, from the current level of about 2.7 MMbpd to 3.5 MMbpd,” said Salem Rashed Al-Matrooshi, manager of the Exploration & Production Planning Division for the E&P Directorate of ADNOC. “We have set ourselves an ambitious goal of reaching a recovery rate of 70%, which we know will be a huge stretch. Changing the way we work on the R&D side is one important step in reaching this objective, by making sure that R&D activities have a tangible impact on our activities. Additionally, EOR projects will be key in reaching these goals.”
Al-Matrooshi told the ONS audience in a Tuesday afternoon session that in 2015, ADNOC will decide on the structure of a new R&D department, adopting a clearer definition of goals and activities. The objective of this work is clear: the firm would like its R&D division to be recognized as a center of excellence, leading to value creation and, ultimately, cost reductions. As part of this, ADNOC is expressing its commitment to partner with recognized EOR players and further develop its own expertise.
In 2009, ADNOC established the first Middle East CO2 EOR pilot at Rumaitha field, onshore Abu Dhabi. This has since been turned into continuing project. Many of the current ADNOC R&D activities are closely related, with nine programs focusing on sub-surface work.
“We are now working to deploy EOR technologies offshore, hoping to be successful in the next two years,” said Al-Matrooshi. “So far, this has proved to be technically challenging. A recent attempt to inject nitrogen had to be stopped, but we will continue the work, to find solutions for our offshore fields, also.”