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The laboratory is equipped with advanced proprietary instrumentation designed to provide comprehensive core and fluid analysis services tailored to unconventional reservoirs. While Abu Dhabi holds an estimated 220 bbl of unconventional oil and 460 Tcf of unconventional gas in place.
Field Operating Income is a common metric used in the oil and natural gas industry to assess the profitability and efficiency of the Companys field operations. The following table reconciles Field Operating Income to the nearest GAAP measure. McDaniel & Associates Consultants Ltd., USD-CAD and C$3 / GJ AECO.
In addition, we identified the opportunity to increase injection and production in the Oungre and Torquay fields by separating produced water from each formation, since combining the fluids creates an unusable emulsion. GJ to $3.35/GJ. IP30 rates cited herein are comprised of over 97% light crude oil and just under 3% natural gas.
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6 billion 1.
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