UAE-Abu Dhabi: World Oil Report 1991
This paper reports that production expansion projects remain the focus in Abu Dhabi, with increased drilling operations underway both on and offshore. Only Abu Dhabi Co. for Onshore Operations (Adco) and Abu Dhabi Marine Operating Co. (Adma-Opco) provide any information about activity in the Emirate. Plans call for boosting productive capacity by 1 million bpd to near 3 million bpd. Present sustainable capacity is estimated at 1.8 million bpd by the CIA. This rate has been exceeded recently (it reached over 2 million bpd) to take advantage of higher prices in late 1990 and to make up for the shortfall due to loss of Iraqi and Kuwaiti exports. However, it does not appear higher rates can be sustained for a long period of time. By year-end 1992, sustainable output has been projected to reach 2.3 million bpd.
- OSTI ID:
- 5799788
- Journal Information:
- World Oil; (United States), Journal Name: World Oil; (United States) Vol. 212:8; ISSN 0043-8790; ISSN WOOIA
- Country of Publication:
- United States
- Language:
- English
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