Saudi Arabia Discovers 14 New Oil Fields Amidst Global Crash in Crude Oil Prices

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Emmanuel Eze

Saudi Arabia has discovered 14 new oil and natural gas fields and reservoirs in the Eastern Province and the Empty Quarter desert region. This discovery is coming amidst the crash in the global price of crude oil following the ongoing trade war occasioned by US President, Donald Trump’s tariffs.

This announcement was made on Wednesday by Saudi Minister of Energy, Abdulaziz bin Salman bin Abdulaziz who revealed that state-owned energy giant Saudi Aramco uncovered six oil fields and two oil reservoirs, and two gas fields and four gas reservoirs, the Saudi Press Agency reported.

According to the announcement, Saudi Aramco’s oil discoveries across six oil fields and two reservoirs are expected to produce a total of 8,126 barrels per day of Arabian oil, with various grades while the new gas fields and reservoirs are projected to deliver 82.06 million standard cubic feet per day of natural gas.

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Discovery Locations

According to the minister, the Jabu oil field has been discovered in Eastern Province, following the flow of Arabian Extra Light Oil in Jabu-1 well at a rate of 800 barrels per day (bpd). Sayahid oil field was also discovered, where Arabian Extra Light Oil flowed in Sayahid-2 well at a rate of 630 bpd. Additionally, Ayfan oil field was discovered, where Arabian Extra Light Oil in Ayfan-2 well flowed at a rate of 2,840 bpd, with 0.44 million standard cubic feet (MMscf) of associated gas per day.

The Jubaila oil reservoir has also been discovered in Berri field after Arabian Light Oil flowed in Berri-907 well at a rate of 520 bpd, associated with 0.2 MMscf of gas per day. In addition, Unayzah-A oil reservoir was discovered in Mazalij field after the flow of Arabian Super Light Oil in Mazalij-64 well at a rate of 1,011 bpd, along with 0.92 MMscf of associated gas per day.

In the Empty Quarter, Nuwayr oil field has been discovered after the flow of Arabian Medium Oil in Nuwayr-1 well at a rate of 1,800 bpd, with 0.55 MMscf of associated gas per day. Additionally, the oil field Damda was discovered, where Arabian Medium Oil flowed in Damda-1 well at a rate of 200 bpd from Mishrif-C reservoir, while Arabian Extra Light Oil flowed from Mishrif-D reservoir in the same well at a rate of 115 bpd. Also, the discovery of Qurqas oil field was confirmed after Arabian Medium Oil flowed in Qurqas-1 well at a rate of 210 bpd.

For natural gas, the minister of energy announced the discovery of Ghizlan gas field in the Eastern Province, where gas flowed in Ghizlan-1 well at a rate of 32 MMscf per day from Unayzah B/C reservoir, with 2,525 barrels of condensate. Also, Araam gas field was discovered after gas flowed in Araam-1 well from Unayzah B/C reservoir at a rate of 24 MMscf per day with 3,000 barrels of condensate.

Qusaiba unconventional gas reservoir was also discovered in Mihwaz field in the Eastern Province, where gas flowed in Mihwaz-193101 well at a rate of 3.5 MMscf per day, with 485 barrels of condensates. In the Empty Quarter, Arab-C gas reservoir was discovered in Marzouq field, where gas flowed in Marzouq-8 well at a rate of 9.5 MMscf per day. The same well also resulted in the discovery of Arab-D gas reservoir, after the flow of gas at a rate of 10 MMscf per day. Additionally, the Upper Jubaila gas reservoir was discovered from the same well, where gas flowed at a rate of 1.5 MMscf per day.

Importance of Discoveries

The minister stressed the importance of the latest discoveries, stating that they solidify the Kingdom’s leading position in the global energy landscape, reinforce its rich hydrocarbon potential, and strengthen its ability to meet both domestic and global energy demand.

Prince Abdulaziz stated that such discoveries will lead to opening new horizons for the Kingdom’s economic development and strengthening its ability to meet both domestic and global energy demand efficiently and sustainably for decades to come.

“These discoveries will also support sustained economic growth and prosperity, in line with Vision 2030 and Saudi Arabia’s ambitious goals to fully harness its natural resources and enhance global energy security,” the minister added.