Lower Zakum is a producing conventional oil field located in shallow water in the UAE and is operated by Abu Dhabi National Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Lower Zakum, with water depth of 79 feet. Buy the profile here.
Two expansion projects are associated with the Lower Zakum conventional oil field, namely the Lower Zakum LTDP 1 and the Lower Zakum LTDP-2. The expansion projects are currently in the construction and feed stage, targeting start-up during 2025 – 2028.
Field participation details
The field is owned by Abu Dhabi National Oil, Bharat Petroleum, China National Offshore Oil, China National Petroleum, Eni, Indian Oil, Inpex, Oil and Natural Gas and TotalEnergies.
Production from Lower Zakum
The Lower Zakum conventional oil field recovered 53.67% of its total recoverable reserves, with peak production expected in 2029. The peak production will approximately 500.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2062. The field currently accounts for approximately 8% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 4,330.44 Mmboe, comprised of 4,330.44 Mmbbl of crude oil & condensate. Lower Zakum conventional oil field reserves accounts 0.96% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Lower Zakum conventional oil field
Some of the key contractors involved in the Lower Zakum project as follows.
Design/FEED Engineering: John Wood Group
Main EPC: Emdad, Rockwell Automation and National Marine Dredging
EPC Contractors: McDermott International, Lamprell, Control Contracting & Trading and Target Engineering
Other Contractors: Abu Dhabi National Oil, ArcelorMittal, Emirates Holdings, Control Contracting & Trading and Abu Dhabi Oilfield Services
About Abu Dhabi National Oil
Abu Dhabi National Oil Co (ADNOC) is an integrated national oil and gas group. It operates across the entire hydrocarbon value chain, ranging from exploration, production, storage, refining and distribution, to the development of a wide range of petrochemical products. The company's product portfolio includes crude oil and condensates, petroleum products, gas and Sulphur, ADNOC is controlled and supervised by The Supreme Petroleum Council (SPC). The company also manufactures nitrogen, urea and liquid oxygen. It also provides sour gas, liquefied natural gas (LNG) and polyolefins. Its oil, gas, refined products and petrochemicals are marketed in six continents. ADNOC is headquartered in Abu Dhabi, UAE.
For more details on the Lower Zakum Conventional Oil Field, buy the profile here.