NO. 15


Saudi Arabia

Another Saudi Discovery of Light Crude in Central Province

The Saudi Arabian Oil Company (Saudi Aramco) has announced the discovery of anew oil and gas field in the al-Raghib area, 123 kms. southeast of Riyadh. Al-Raghibwell No. 1, which was spudded on 19 November, tested on 1 January at 3,650 b/dof crude and condensates and 10mn cu. ft./day of gas at a depth of between8,023-8,138 ft. Further drilling is planned to determine the size of the newfind...