Aramco Discovers New Oil, Gas Fields

Aramco Discovers New Oil, Gas Fields

The world’s largest oil company, Saudi Aramco, has discovered two new oil and gas fields in the north of Saudi near Arar, according to Reuters.

The energy minister, Abdulaziz bin Salman Al-Saud, announced that the new Abraq al-Toloul oil field flows with a daily rate of 3,189 barrels per day (bbl/d) of Arab light crude oil, along with 3.5 million cubic feet (mcf) of natural gas.

The second field, the Hadabat al Hajara gas field located in al-Jof region, has a daily production rate of 16 mcf of natural gas, along with 1944 bbl/d of oil condensate, according to the minister.

At present, Aramco is still trying to calculate the total amount of oil and gas in the newfound fields and is currently drilling wells to determine the areas and capacities.


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