Significant oil and gas deposits were found in Saudi Arabia, according to Aramco’s oil giant. Specifically, he discovered 14 deposits and reservoirs of oil and gas in the eastern area of Basil and in the “empty quadrilateral” (in the Rub al-Hali desert in the southern part of Chora-SS). The six fields and the two reservoirs were found to have Arabic oil of various qualities of 8,126 barrels per day, according to Reuters based on the announcement. The natural gas discoveries from two deposits and four reservoirs amount to a total of 80.5 million cubic feet daily (SCFD) (2,279,504 cubic meters a day) according to the calculations. The connected gas from the oil deposits and reservoirs amounted to 2.11 million SCFDs (59,748 cubic meters). The Kingdom of Saudi Arabia, the world’s leading oil exporter, produced nearly 9 million barrels of slow daily in February, according to secondary sources, as reported by the OPEC producer team report for March. Source: RES
Source: News Beast

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