Apr 05 - New Oil Field Discovered

Source Press Release
Company Saudi Aramco 
Tags Upstream Activities
Date April 20, 2005

Saudi Aramco has again expanded the Kingdom's hydrocarbon wealth with the discovery of a new field capable of producing Arabian Super Light oil in the Central Region, Minister of Petroleum and Mineral Resources Ali I. Al-Naimi announced Monday in Riyadh.

The oil was discovered on April 11, 2005, at Du'ayban-1, a new well about 125 kilometers southeast of Riyadh.

The well will produce 3,300 barrels per day of Arabian Super Light oil rated at 41 degrees, according to American Petroleum Institute (API) standards.

The oil is free of sulfur and was found at a depth of 10,260 feet. The oil is accompanied by three million cubic feet of gas per day, Al-Naimi said.

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