Mahani-1 represents the first exploration success for Eni in the UAE
Eni announces a gas and condensate discovery in the Mahani exploration prospect located onshore in the Area B Concession of Sharjah (UAE), which was awarded to Eni in the first International Competitive Exploration Licensing Round conducted by the Petroleum Council of Sharjah a year ago.
The Mahani-1 was drilled to a total of 14,597 feet measured depth. The well encountered a thick gas-bearing limestone reservoir. The well was tested with flow rates up to 50 Mscf/d (million cubic feet per day) of lean gas and associated condensate.
The size of the discovery will be further assessed with additional appraisal drilling.
Eni holds a 50% stake in the Concession Area B with SNOC, the Sharjah National Oil Company, holding the remaining 50% and acting as Operator. Eni’s presence in the Middle East has continued to grow during the last couple of years.
The 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.
Eni has been present in Abu Dhabi since 2018 and today holds three offshore development and production concessions and two offshore exploration concessions.
Eni’s current equity production in Abu Dhabi is around 50,000 bbl/day. Eni is also a shareholder with a 20% equity interest in ADNOC Refining. Eni in the Middle East is also present in Bahrain, Oman, Lebanon and Iraq with both exploration and development activities
