Dubai Petroleum Establishment (DP) has announced the discovery of a new offshore oil field during 2018. It is believed to have successfully tested the Aqam 2 exploratory well. DP re-evaluated the results of a 1990s well originally P&Aâd on the Aqam structure which it now considers it to be a new field discovery. Aqam 2 had been spudded by the J/U "Noble David Tinsley" in June 2018.Â Â Â      Aqam is the first new offshore      discovery to have been announced since 2010.  A Dubai government statement on 4      February 2010 announced the discovery of a 'new offshore oil field'      subsequently named 'Al Jalila' and located to the east of the Rashid oil      field.   The Al Jalila field had been named      after the Dubai rulerâs daughter with Princess Haya bint Al Hussein of      Jordan. It is understood that the announcement followed the re-entry and      appraisal sidetracking of the undeveloped 1986 Jadid 1 oil discovery.   During the last decade, DP has invested      significant resources in a re-evaluation of its onshore & offshore      geological framework and remaining hydrocarbon potential.
Dubai Petroleum Establishment (DP) has announced the discovery of a new offshore oil field during 2018. It is believed to have successfully tested the Aqam 2 exploratory well. DP re-evaluated the results of a 1990s well originally P&Aâd on the Aqam structure which it now considers it to be a new field discovery. 