Saudi Arabia announces four new oil, gas discoveries

Riyadh – Mubasher: Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, on Sunday said that Saudi Aramco has discovered four new oil and gas fields in the kingdom, state-run Saudi Press Agency (SPA) reported.

Non-conventional oil has been discovered in al-Reesh oil field, northwest of Dhahran. Al-Reesh Well No. 2 has 4,452 barrels per day (bpd) of Arab extra light crude oil, along with 3.2 million standard cubic feet of natural gas, the minister revealed.

Moreover, non-conventional gas has been discovered in al-Sarrah reservoir at al-Minahhaz well, south-west of the Ghawar oil field, and at al-Sahbaa well, south of Ghawar. Gas from al-Minahhaz well amounts to 18 million standard cubic feet daily, along with a daily 98 barrels of condensate, while gas from al-Sahbaa well totals a daily rate of 32 million standard cubic feet.

Furthermore, oil has been discovered in al-Ajramiyah Well No. 1, northwest of the city of Rafhaa, with tests showing a rate of 3,850 bpd.

The minister noted that the discovery at al-Reesh field is especially important as it shows that it is possible to produce Arab extra light crude oil at the Tuwaiq Mountain Formation.

Mubasher Contribution Time: 27-Dec-2020 11:15 (GMT)
Mubasher Last Update Time: 27-Dec-2020 11:16 (GMT)