Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Copper Tip Energy Services
Hazloc Heaters
Hazloc Heaters
Copper Tip Energy


Saudi Aramco Discovers Two Oil, Gas Fields in North of Kingdom


English Español 简体中文 हिन्दी Português
These translations are done via Google Translate

By Salma El Wardany

(Bloomberg) Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman.Gas has started flowing from Hadabat Al-Hajara field near the Iraqi border at an average daily rate of 16 million standard cubic feet, in addition to 1,944 barrels of condensates, which are a type of petroleum that usually isn’t classified as crude oil because it’s too light. The nearby Abraq at-Tulul field has started producing 3,000 barrels a day of crude, 49,000 barrels of condensates and 1.1 million cubic feet of gas.Aramco said it will drill more wells to evaluate how much energy the fields hold.

The crude finds pale in comparison to the state firm’s existing production of around 8.5 million barrels a day. But the gas discoveries could help its goal of boosting non-oil output, according to Robin Mills, founder of Dubai-based consulting firm Qamar Energy.

GLJ

“If volumes and costs are suitable, will be useful for meeting Saudi Arabia’s gas targets and supplying the west coast, which currently lacks a gas grid,” Mills said on Twitter.

GLJ



Share This:



More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE