Middle East Economic Survey

VOL. LIV

No 51

19-Dec-2011

Chevron’s Neutral Zone Steam Injection Project To Cost $10-15Bn

If a pilot steam injection scheme shows it to be viable, Saudi Arabian Chevron (SAC) aims to boost onshore Neutral Zone heavy crude output by 500,000 b/d from the Wafra field under a full field development. However, the production and cost have been revised upward on results from a large scale pilot scheme that is into its second year. Nick Wilson reports.

The...