SAUDI ARABIA

Saudi Arabia announces major oil and natural gas discoveries in Eastern Province, Empty Quarter

July 01, 2024
Saudi Arabia announced on Monday the discovery of new oil and natural gas fields in the Eastern Province and the Empty Quarter.
Saudi Arabia announced on Monday the discovery of new oil and natural gas fields in the Eastern Province and the Empty Quarter.

Saudi Gazette report

RIYADH —
Saudi Arabia announced on Monday the discovery of new oil and natural gas fields in the Eastern Province and the Empty Quarter. “Saudi Aramco has discovered two unconventional oil fields, one Arabian light oil reservoir, two natural gas fields, and two natural gas reservoirs in the Eastern Province and the Empty Quarter,” said Minister of Energy Prince Abdulaziz bin Salman.

Al-Ladam field for unconventional oil was discovered in the Eastern Province after the flow of very light Arabian oil from the Ladam-2 well at a rate of 5100 barrels per day, accompanied by about 4.9 million standard cubic feet of natural gas per day. The discovery of Al-Farouq unconventional oil field was confirmed in the Eastern Province after the Arabian very light oil flowed from Al-Farouq-4 well at a rate of 4557 barrels per day, accompanied by about 3.79 million standard cubic feet of gas per day.

The Unayza B/C reservoir was also discovered in the Mazaleej field in the Eastern Province, after Arab light oil flowed from the Mazaleej-62 well at a rate of 1780 barrels per day, accompanied by about 0.7 million standard cubic feet of gas per day.

The minister said that Al-Jahaq natural gas field was discovered in the Empty Quarter after natural gas flowed from the Al-Arab-C reservoir in the Al-Jahaq-1 well at a rate of 5.3 million standard cubic feet per day, and from Al-Arab-C reservoir in the same well at a rate of 1.1 million standard cubic feet per day. It was also confirmed the discovery of Al-Katuf field in the Empty Quarter after natural gas flowed from Al-Katuf-1 well at a rate of 7.6 million standard cubic feet per day, accompanied by about 40 barrels per day of condensate.

The Hanifa reservoir was also discovered in the Asikra field in the Empty Quarter after natural gas flowed from the Asikra-6 well at a rate of 4.9 million standard cubic feet per day. It flowed into the same well from the Al-Fadhili reservoir at a rate of 0.6 million standard cubic feet per day, accompanied by about 100 barrels per day of condensate.

Prince Abdulaziz praised God Almighty for the major discoveries. He thanked God for what He has been blessed with the Kingdom. The minister congratulated Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman for this great achievements, while asking God for continued security, safety and prosperity for the Kingdom and its people.


July 01, 2024
3350 views
HIGHLIGHTS
SAUDI ARABIA
44 minutes ago

7-year-jail and SR1 million fine for Saudi citizen convicted of financial fraud

SAUDI ARABIA
hour ago

Saudi Arabia increases retirement age under new Social Insurance Law

SAUDI ARABIA
2 hours ago

Saudi Arabia announces privatization of 14 sports teams