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Rub’ al Khali, Empty Quarter, Saudi Arabia (Wikipedia). Turns out the “Empty” is stuffed with oil
Saudi Arabia’s vitality minister introduced Aramco‘s discovery of seven new oil and fuel deposits within the Kingdom’s Eastern Province and Empty Quarter.
Prince Abdulaziz bin Salman mentioned that Saudi Aramco discovered two unconventional oil fields, a lightweight Arabian oil reservoir, two pure fuel fields, and two pure fuel reservoirs.
In the Eastern Province, the “Ladam” unconventional oil discipline was found, producing very gentle Arabian oil at 5,100 barrels per day, together with 4.9 million normal cubic ft of fuel day by day. The “Al-Farouk” oil discipline produces 4,557 barrels per day of ultra-light oil and three.79 million cubic ft of fuel per day.
The “Unayzah B/C” reservoir within the Mazalij discipline produces 1,780 barrels of sunshine oil and 0.7 million cubic ft of fuel day by day.
In the Empty Quarter, the “Al-Jahaq” discipline produces 5.3 million cubic ft of fuel from the “Al-Arab-C” reservoir and 1.1 million cubic ft from the “Al-Arab-D” reservoir.
The “Al-Katuf” discipline flows at 7.6 million cubic ft of fuel and 40 barrels of condensate per day.
The “Hanifa” reservoir within the Asikra discipline yields 4.9 million cubic ft of fuel per day, with the “Al-Fadhili” reservoir including 0.6 million cubic ft of fuel and 100 barrels of condensate day by day.
Does that imply the value of fuel will go up? Or go down? What about Saudi Arabia’s so-called sustainability imaginative and prescient for the 12 months 2030? Looks like enterprise as ordinary.
