Saudi Aramco Starts Up Khursaniyah

Saudi Aramco started production at the Khursaniyah field where production capacity is expected to be 500,000 bbl/d, said Saudi Aramco CEO Abdullah Jum'ah.

Khursaniyah is expected to be procuring 300,000 bbl/d within a month, according to Saudi Aramco.

The Saudi Gazette reported that Saudi Arabia, the world's number one oil exporter, is investing $90 billion in oil production and refineries over the next five years to maintain its top spot.

Additional field developments at Shaybah, Manifa and Khurais promise promise to boost capacity to a combined 12.5 million bbl/d by 2009.

We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at news@rigzone.com .

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Equipment Operator - Midland, Texas
Expertise: Field Service Tech|Fracturing|Well Servicing & Testing
Location: Midland, 
 
Field Instructor - E&P Operations
Expertise: Production Operator
Location: Greeley, CO
 
United States Bossier City: Entry Level Operator Assistant I - Frac/Acid
Expertise: Production Operator
Location: Bossier City, LA
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours