Saudi Aramco makes new gas discovery
Saudi Aramco's exploration teams have discovered a new gas reservoir in the Eastern Province's Shaybah Field.
Discovered on March 16, the new Shaybah-700 well flowed gas at a rate of 20 million cubic feet and 650 barrels of condensate per day from a cased-hole test conducted in the Arab-C Reservoir at a depth of 2,382 meters. The wellhead flowing pressure was 1,135 pounds per square inch on a one-inch choke.
Drilling at the well will continue so that gas potential at lower depths can be evaluated. The well is 600 kilometers southeast of the company's headquarters in Dhahran and 800 kilometers east of Riyadh.
Shaybah oil field produces an average of 500,000 barrels per day of extra light Arabian oil from the Shuaiba reservoir at a depth of 1,417 meters. The Kingdom sits on the world's biggest oil reserves with an estimated 261 billion barrels and has proven natural gas reserves of 220 trillion cubic feet. — (menareport.com)
© 2004 Mena Report (www.menareport.com)