Gulf Oil and Gas accountACCOUNT

Saudi Aramco to Expand Shaybah, Khurais Fields Oil Output

Source: Reuters 10/13/2013, Location: Middle East

The world's largest oil exporter, Saudi Aramco, will increase the output of light sour crude from two fields - Shaybah and Khurais - by 550,000 barrels per day (bpd) in 2016-2017, Chief Executive Khalid al-Falih said.

"This will basically allow us to relax production from the more matured fields and reservoirs and extend them and also to rebalance our crude slate," the head of Saudi Arabia's national oil company told reporters on the sidelines of the World Energy Congress.

"With Manifa, we're tilting towards more heavy (crude)," he said, referring to the giant oilfield which started production earlier this year. "Shaybah will come first ... it will come up by end of 2016 and early 2017," al-Falih said. "This will bring it up to a million barrels (per day). We're in the process of awarding the contract in the next few days." He added that Khurais was in the front-end engineering stage and the expansion should be completed by 2017.

Production News in Saudi Arabia >>

Azerbaijan >>  4/16/2019 -  SOCAR commissioned its highest-capacity well drilled at Umid field; it will produce 900 million cubic meters of natural gas annually ...
Nigeria >>  4/15/2019 - MX Oil plc, an oil and gas investing company quoted on AIM, announces the following corporate update: ...

Iraq >>  4/14/2019 - Dana Gas PJSC (the "Company"), the Middle East's largest regional private sector natural gas company, announces that during Q1 2019, Pearl Petroleum C...
Russia >>  4/9/2019 - Gazprom Neft Shelf has produced its 10-millionth tonne of oil at its Prirazlomnoye field a fact confirmed by Andrey Patrushev, Deputy CEO for Offsho...

Egypt >>  4/8/2019 - SDX Energy plc announces, the current targeted start-up date for gas production at South Disouq of mid-year 2019 is based on an overall development co...
Australia >>  4/4/2019 - TAG Oil Ltd. is pleased to report that its current gross daily rate of production is over 1,700 boe/d (80% oil) following the recent successful workov...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

Oil & Gas Projects in Saudi Arabia >>

More News

Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.