State oil company Saudi Aramco has discovered two new oil and gas fields in the northern regions, the kingdom's energy minister said Aug. 30, state news agency SPA reported.
The energy minister Prince Abdulaziz bin Salman Al-Saud said the new Abraq al-Toloul oil field, which lies to the south east of the northern city of Arar, flows with a daily rate of 3,189 bbl/d of Arab light crude oil, along with 3.5 MMcf of natural gas.
Hadabat al Hajara gas field in al-Jof region has a daily production rate of 16 MMcf of natural gas, along with 1,944 bbl/d of oil condensate, according to the minister.
Aramco will carry on with its efforts to estimate the total amount of oil and gas in the two fields and is drilling more wells to determine their areas and capacities, he added.
Recommended Reading
Commentary: Why the Energy Industry Must Commit to Decarbonize
2023-08-09 - The energy industry is a major contributor to greenhouse-gas emissions, and failure to decarbonize will result in significant economic, social and environmental costs.
Exclusive: UT's West Texas Lands Keeping EU Fuel Stocked [WATCH]
2023-09-27 - Admiral William McRaven, the former chancellor of the University of Texas System, discusses University of Texas' lands in West Texas, their environmental impact and their influence in keeping Europe supplied with energy in this Hart Energy LIVE Exclusive.
Experts Discuss the ‘Wild West’ of ESG
2023-08-31 - Obligations to shareholders may clash with the wants of other stakeholders, but companies must control their narratives and make sure information is correct, panelists say.
Hart Energy's 2023 ESG Awards: Cleaner, Safer, More Diverse
2023-07-14 - Hart Energy’s annual ESG Awards are here, highlighting the findings of data analysis firm Clear Rating and recognizing companies' efforts in sustainable operation, local community engagement and positive workplace culture.
Plains All American Publishes 2022 Sustainability Report
2023-07-26 - Plains All American, a midstream energy company based out of Houston, has published its 2022 sustainability report detailing its strategy for reducing greenhouse gases.