UAE

ADCO Drills Two New Wells

The Abu Dhabi Company for Onshore Oil Operations (ADCO) is currently drilling two exploration wells at a cost of $14mn in the Thamama and Habshan formations, according to a report in Petroleum Community, the in-house magazine of the Abu Dhabi National Oil Company (ADNOC). The first wildcat, Silmiya-l, located halfway between Mafraq and Tarif, some 300 ft. from the coast has reached a depth of 2,300 ft. out of a targeted 11,276 ft., while the second wildcat...