SAUDI ARABIA - The Main Fields Producing Heavier Oils.
Saudi Aramco's mothballed capacity for Arab Medium and Heavy crudes is limited to 1.8m b/d, down from to 3.2m b/d in 2001 and 4.87m b/d in late 1993. They include small offshore fields shut in and many wells closed in the larger fields. There will be a further mothballing of field capacities producing heavy crudes as additional fields, including those in the Najd area south of Riyadh, come on stream in the next few years.
Safaniyah, by far the largest offshore oilfield in the world, was found in 1951 by Texaco (which in 1937 was the first to join SoCal - now Chevron - in Saudi Arabia as a 50% partner in Aramco. But now Taxaco is part of Chevron). Texaco discovered and …
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