Middle East Economic Survey
VOL. XLVII
No 44
1-November-2004
SAUDI ARABIA
New Saudi Aramco Oil Discovery Announced
Saudi Oil Minister Ali Naimi announced on 26 October that Saudi Aramco had made a new oil discovery in the Abu Sadr field, 185km south of Riyadh. Tests were conducted on the Abu Sadr-1 well on 22 October, yielding an initial flow of 3,000 b/d of 54 API Arab Extra Light crude. We hope, Mr Naimi said, to achieve higher production rates from this field but gave no more details. The Abu...
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