Saudi Arabia discovers 7 more oil, gas deposits

The Kingdom of Saudi Arabia has discovered seven oil and gas deposits in the Kingdom’s Eastern Province and Empty Quarter, the Saudi Press Agency reported.

According to SPA, Prince Abdulaziz bin Salman, energy minister announced the discovery on Monday, citing that Saudi Aramco had discovered two unconventional oil fields, a reservoir of light Arabian oil, two natural gas fields, and two natural gas reservoirs.

Saudi Arabia has uncovered two unconventional oil fields and one reservoir in its Eastern Province, alongside two natural gas fields and two reservoirs in the vast Empty Quarter desert.

The “Ladam” unconventional oil field has been discovered in the Eastern Province, showcasing a significant find. The Ladam-2 well has yielded very light Arabian oil at an impressive rate of 5,100 barrels per day, coupled with approximately 4.9 million standard cubic feet of gas per day.

Another major discovery in the Eastern Province is the “Al-Farouk” unconventional oil field. The Al-Farouk-4 well has produced Arab ultra-light oil at a robust rate of 4,557 barrels per day, alongside about 3.79 million standard cubic feet of gas per day. This find reinforces the area’s capacity for high-yield oil extraction.