Middle East Economic Survey
Saudi Aramco Makes Gas/Condensate Discovery In Eastern Province
Saudi Aramco on 24 June made a new discovery of gas and condensates at its Fazran well, 95km west of Dhahran in the Eastern Province, Oil Minister Ali Naimi announced, according to an SPA report. The well flowed at a rate of 40mn cfd and 20 b/d of 45 API condensate. Saudi Aramco has made two oil discoveries so far this year (MEES, 16 May). The company made two...