122
39
th
Annual Report
$31 billion in Norway
i
.
A report by Wood Mackenzie Ltd. said oil and gas companies
will spend $28 billion in the South Texas Eagle Ford play during
2013. The growth will concentrate on Gonzalez, DeWitt, and Karnes
counties that have established themselves as the sweet spots of the
play, they account for over 50% of daily liquids production. The
Eagle Ford is the second largest US tight oil play and ranks fifth
in terms of US shale gas production, the report showed that Eagle
Ford liquids production, including natural gas liquids, has increased
from 100 thousand barrels per day in early 2011 to 700 thousand
barrels per day in late 2012, the Bakken Formation is the top US
unconventional oil producer
ii
.
Exploration, development and production activities were
remarkable, following are some examples:
At Arab Countries Level:
A-
In
UAE
, the Abu Dhabi National Oil Company (ADNOC), OMV
Abu Dhabi E&P GmbH and Wintershall Middle East GmbH- Abu
Dhabi, signed a Technical Evaluation Agreement to appraise the sour
gas and condensate field in Shuwaihat, which is located some 25 km
to the West of Ruwais city in the Western Region of Abu Dhabi. The
two companies will conduct the appraisal phase by drilling up- to
three appraisal wells and acquiring 3D seismic over the field. In the
case of a successful appraisal campaign, ADNOC will participate in
the development and production phase of the field
iii
.
i
Oil and Gas Journal, 9/1/2012
ii
Oil and Gas Journal, 6/12/2012
iii
Wintershall, Official website, 21/6/2012
