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Production from Al-Khafji field will be less than 50% of the field’s initial production capacity.
KAPSARC study finds the cartel has the ability (at least in theory) to stabilize the price of oil.
The project would increase the North Field’s production by 10%, adding about 400,000 barrels of oil equivalent per day.
Knowledge gained at the Abu Al Bukhoosh Field (ABK) could be applied to other Abu Dhabi reservoirs, including the recently awarded concessions.
Saudi Arabia has embarked on a long-term strategy to expand its resource base and to increase recovery to 70% through the use of EOR technologies.
Solar steam production unlocks heavy oil in the Middle East.
The economic impact of Bahrain’s recent oil discovery depends on how much of the estimated reserves are commercially viable to extract.
The game has changed because of newer, more efficient technology.
Despite political tension, the two Arabian Gulf states signed an agreement to renew the concession for continued development and operation of the El-Bunduq offshore oil field.
An integrated system expands the potential of underbalanced CT drilling to solve complex challenges.
The workforce could be the deciding factor.
Recent windfalls generated through taxes and the kingdom’s “anti-corruption purge” has triggered further speculation about the future of Saudi Aramco’s IPO.