New Saudi oil and gas discovery ‘fits well’ with Aramco’s future plans

New Saudi oil and gas discovery ‘fits well’ with Aramco’s future plans

The discovery of four new oil and gas fields by Saudi Aramco “fits well” into the company's plans for the future, according to an industry expert.

It was revealed on Sunday that the oil giant had discovered non-conventional oil in al-Reesh oil field, north-west of Dhahran.

Discovery includes 4,452 barrels per day of Arab extra light crude oil, along with 3.2 million standard cubic feet of natural gas

A report carried by the state-run Saudi Press Agency said that the Al-Reesh Well No. 2 has 4,452 barrels per day of Arab extra light crude oil, along with 3.2 million standard cubic feet of natural gas.

Carla Sertin (pictured below), editor of Oil & Gas Middle East told Arabian Business: “The discovery of new resources fits well into its plans for the future - Saudi Aramco has made efforts to leverage unconventional resources for some time, even partnering with US firm Halliburton in 2018 to develop the necessary technologies and solutions to lower the cost of producing these technically complex assets.”

Non-conventional gas has also been discovered in al-Sarrah 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