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EOG Goes Desert Wildcatting in UAE Shale Play

Summary by Oil Price
As if the Permian wasn’t enough, EOG Resources just picked up a juicy new onshore shale block in Abu Dhabi. Announced Friday, the U.S. shale heavyweight secured full operatorship of Unconventional Onshore Block 3 (UCO3), a nearly 900,000-acre stretch of oil-prone rock in the Al Dhafra region, smack in the middle of one of the most watched oil basins in the world. The block sits in an over-pressured basin—code for "this thing could gush if we get…

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CNHI News broke the news in United States on Friday, May 16, 2025.
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