Saudi Aramco discovered new reserves of gas in the Kingdom's Eastern Province, Minister of Oil and Mineral Resources Ali Al-Naimi announced Tuesday.
Gas surfaced at the wellhead named "Madraka 1" at a rate of 38 million cubic feet a day, accompanied by 1,650 barrels of condensates a day, the official SPA news agency quoted Naimi as saying. “Studies show that the permanent production capacity of the well might exceed the current level of production,” he conveyed.
The well is located 300 kilometers southwest of the city of Dhahran, and just 30 kilometers south of Al-Ghawar gas field, Naimi said.
Saudi Arabia in March signed contracts with Russian energy giant Lukoil, Sinopec of China and a consortium grouping ENI of Italy and Repsol of Spain to explore for and produce non-associated gas in the northern part of the Rub Al-Khali ("Empty Quarter") desert. (menareport.com)
