24°51′11″N 53°39′43″E / 24.8530°N 53.6620°E / 24.8530; 53.6620

Lower Zakum Oil Field
CountryUnited Arab Emirates
RegionPersian Gulf
Offshore/onshoreoffshore
OperatorAbu Dhabi National Oil Company
Field history
Discovery1963
Start of production1963
Production
Current production of oil425,000 barrels per day (~2.12×10^7 t/a)
Estimated oil in place2420 million tonnes
(~ 2.73×10^9 m3 or 17200 million bbl)
Estimated gas in place12,400×10^9 cu ft (350×10^9 m3)

The Lower Zakum Oil Field is the lower horizons of the Zakum oil field 84 km north west of Abu Dhabi Islands. The upper reservoir horizons are known as Upper Zakum oil field.

It was discovered in 1963 and developed by Abu Dhabi National Oil Company. The oil field is owned by Abu Dhabi National Oil Company and operated by ADNOC Offshore.

The 40% foreign interest is split between Japan's INPEX (Lead partner - 10%), the Chinese CNPC (10%), India's ONGC Videsh (10%), Italy's ENI (5%) and France's Total 5%.

The total proven reserves of the Lower Zakum oil field are around 17.2 billion barrels (2420×106tonnes), and production is centered on 425,000 barrels per day (67,600 m3/d).[1]

References

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  1. ^ The A to Z of petroleum industry. Google Books. 2002. Retrieved 2014-05-14.