Italy’s major Eni said it has made a gas and condensate discovery in the Mahani exploration prospect located in the UAE’s emirate of Sharjah.
The Mahani-1 well was drilled to a total of 14,597 feet measured depth in the concession awarded to Eni in the first international competitive exploration licensing round by Petroleum Council of Sharjah.
The well encountered a thick gas-bearing limestone reservoir in the Thamama of Lower Cretaceous age. The well was tested with flow rates up to 50 Mscf/d (million cubic feet per day) of lean gas and associated condensate, Eni said in a statement, adding that the size of the discovery will be further assessed with additional appraisal drilling.
The new phase of exploration in the area, which has already been explored in the past, is targeting complex subthrust Jurassic and Cretaceous plays of the Arabian carbonate platform in the inner thrust zone of the Oman Fold belt and requires accurate and sophisticated seismic imaging.
Eni holds a 50 per cent stake in the Concession Area B with SNOC, the National Oil Company of Sharjah, holding the remaining 50 per cent and acting as sperator. The JV has already started the studies to fast track the exploitation of these new resources leveraging on the synergies with the existing facilities and infrastructures, while finalizing the evaluation of the discovery.
Eni’s current exploration acreage in the UAE alone amounts to more than 12,000 square kilometers gross, comprising the onshore of Sharjah and offshore areas of Abu Dhabi and Ras Al Khaimah.