Saudi Aramco discovers two new oil, gas fields

  • Date: 31-Aug-2020
  • Source: Emirates Business
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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Saudi Aramco discovers two new oil, gas fields

Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom's official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing from Hadabat Al-Hajara field near the Iraqi border at an average daily rate of 16 million standard cubic feet, in addition to 1,944 barrels of condensates, which are a type of petroleum that usually isn't classified as crude oil because it's too light. The nearby Abraq at-Tulul field has started producing 3,000 barrels a day of crude, 49,000 barrels of condensates and 1.1 million cubic feet of gas. Aramco said it will drill more wells to evaluate how much energy the fields hold. The crude finds pale in comparison to the state firm's existing production of around 8.5 million