- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Saudi Aramco to discover four new oil and gas fields
According to the Saudi Press Agency, citing Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz, the Saudi Aramco has discovered four new oil and gas fields.
Non-conventional oil has been discovered in al-Reesh oil field, north-west of Dhahran. Al-Reesh Well No. 2 has 4,450 barrels per day of Arab extra light crude oil, along with 3.2 million standard cubic feet of natural gas.
To determine the field’s size, Aramco has drilled al-Reesh Well No. 3 and Well No. 4. The initial daily production of well No. 3 was 2,745 barrels of Arab extra light crude, along with 3 million standard cubic feet of gas. The daily flow of well No. 4 amounts to 3,654 barrels of Arab Extra Light crude, along with 1.6 million standard cubic feet of natural gas.
Non-conventional gas has also been discovered in al-Sorrah reservoir at al-Minahhaz well, south-west of the Ghawar oil field, and at al-Sahbaa well, south of Ghawar. Gas from al-Minahhaz well amounts to 18 million standard cubic feet daily, along with a daily 98 barrels of condensate, and out of al-Sahbaa well a daily rate of 32 million standard cubic feet.
Oil has also been discovered in al-Ajramiyah Well No. 1, which lies to the north-west of the city of Rafhaa in the Northern Borders Province. The well test shows a rate of 3,850 barrels of oil per day.
The Minister of Energy pointed out that the discovery at al-Reesh field is especially important as it shows that it is possible to produce Arab extra light crude oil at the Tuwaiq Mountain Formation.
