VOL. XXXI

NO. 30

2-MAY-1988

SAUDI ARABIA

Aramco Output Falls 14.9% in 1987

The Arabian American Oil Company (Aramco) in 1987 produced an average of3.991mn b/d of crude oil, down 14.9% from 4.69Omn b/d in 1986, and 125mn barrels(342,466 b/d) of natural gas liquids (NGL), up 12.6% from 111mn barrels (304,110b/d) in 1986, according to the Aramco 1987 Annual Report. By end-1987 theremaining recoverable reserves in the Aramco fields were 167.4bn barrels ofcrude oil and 141.8 trillion cu. ft. of gas,...