Aramco Announces Four Oil, Gas Discoveries

Aramco Announces Four Oil, Gas Discoveries

Saudi Aramco has made four new oil and gas discoveries in the Kingdom, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, stated.

The company’s first discovery was of non-conventional oil in Al-Reesh oil field, north-west of Dhahran and drilled Well 2, 3, and 4. Well 2 produced 4,452 barrels per day (bbl/d) of Arab extra light crude oil and 3.2 million standard cubic feet of natural gas (mmscf). As for Well 3, its initial production amounted to 2,745 bbl/d of crude and 3 mmscf of gas. Well 4 showed a daily flow of crude at 3,654 bbl/d and 1.6 mmscf of natural gas daily.

The second and third discoveries were made at Al-Sarrah reservoir at Al-Minahhaz well, south-west of the Ghawar oil field, and at Al-Sahbaa well, south of Ghawar. Aramco discovered non-conventional gas of about 18 mmscf/d along with a daily 98 bbl of condensate in Al-Minahhaz well and 32 mmscf/d of gas from Al-Sahbaa well. The fourth discovery was made in Al-Ajramiyah Well 1, in the north-west of the city of Rafhaa in the Northern Borders Province. The well test shows a rate of 3,850 bbl/d.

The Minister noted that the discovery at Al-Reesh field is especially important as it denotes that production is possible at the Tuwaiq Mountain Formation. He added that Aramco will determine the size and volume of discovered fields and estimate the amount of oil, gas, and condensate in these fields.

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