Kuwaiti Oil Barrel Price75.11 Date:22-11-2024

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Saudi Arabia announces four new discoveries of oil and gas

27-12-2020

The Saudi Minister of Energy Prince Abdulaziz Bin Salman has announced that the Saudi Arabian Oil Company (Saudi Aramco), has managed four different discoveries of oil and gas in different locations in the Kingdom. Prince Abdulaziz Bin Salman made a clear statement, in a press release on Sunday that a non-conventional oil was discovered in an area called (Al-Rish), which is located in the northwest of a city called (Al-Dhahran). Where the flow of an Arabian light oil at a rate of 4452 barrels a day, accompanied by 3.2 million standard cubic feet of gas daily. Although, a non-conventional gas has been discovered in an area called (Al-Sarra) and a reservoir called (Al-Mahz) well, which is located in the southwest of a field called (Al-Sahba) well, which is also in the same south side field. Where the gas flowed of 18 million standard cubic feet a day with 98 barrels. With the daily condensate, a gas was flowed from the (Al-Sahba) well, at the rate of 3.2million standard cubic feet per day. Also, it was mentioned that an oil was discovered in a well called (Ajramiya) No.1, which is located in the northwest side of a city called (Rafha) in the northern border region. Where the well was tested in the oil flow at the rate of 3850 barrels per day. An indicated discovery was made by Prince Abdulaziz in a field called (Al-Reesh) “Particular Interest” because it was possibly proved by producing the light Arabian Oil from a component called The Jabal Tuwaiq. By noticing that the (Saudi Aramco) continues working on determining the area and size of the discovered fields, and estimating the condensate the quantities of oil and gas

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