New oil and gas fields have been discovered in Saudi Arabia, the agency reported, citing Energy Minister Prince Abdulaziz bin Salman. “To hit the primer”.
National oil company Saudi Aramco has discovered a new conventional oil formation, two shale oil fields, two gas fields and two gas formations thanks to the drilling of three oil and three gas wells.
There is no information yet on the estimated volumes of oil and gas found in the new fields.
On June 24, experts from the Rosneft scientific institute in Ufa developed Data processing technology that helps to accurately determine oil-saturated zones for drilling. The innovation was successfully tested at the Priobskoye field, a major production asset of the RN-Yuganskneftegaz company. The use of the new technology helped the company’s oil workers to triple the projected well stock, and also to produce more than 100 million tons of oil from the field.
Previously became known The share of oil and gas revenues in the Russian budget in 2024.