Saudi Arabia bolsters energy reserves with new oil & gas discoveries

Saudi Arabia's energy minister announced the discovery of seven oil and gas deposits in the kingdom's Eastern Province and Empty Quarter, the official Saudi news agency Saudi Press Agency (SPA) reported.

Saudi Energy Minister Prince Abdulaziz bin Salman stated that state oil group Saudi Aramco had discovered "two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs", SPA confirmed.

In the Eastern Province, the Ladam unconventional oil field was discovered after the flow of very light Arabian oil in the Ladam-2 well at a rate of 5,100 barrels per day, accompanied by about 4.9 million standard cubic feet of gas per day. Similarly, the Al-Farouk unconventional oil field was discovered after Arab ultra-light oil flowed from the Al-Farouk-4 well at a rate of 4,557 barrels per day, accompanied by approximately 3.79 million standard cubic feet of gas per day. Additionally, the Unayzah B/C reservoir was discovered in the Mazalij field after Arab Light oil flowed from the Mazalij-62 well at a rate of 1,780 barrels per day, accompanied by about 0.7 million standard cubic feet of gas per day.

In the Kingdom's Empty Quarter, the Al-Jahaq field was discovered with natural gas flowing 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 the Al-Arab-D reservoir in the same well at a rate of 1.1 million standard cubic feet per day. Additionally, the Al-Katuf field was discovered after natural gas flowed into the 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.

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

These discoveries mark significant advancements in Saudi Arabia's energy sector, contributing to the kingdom's efforts to expand its oil and gas production capacities.