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...