Saudi Aramco Aims to Boost Reserves by 25%

Gulfnews.com – Saudi Arabia is “quadrupling” exploration activities to boost its oil reserves by 25 per cent by 2025, a Saudi Aramco official said yesterday.

Aramco, the state oil firm of the world’s top exporter, has 260 billion barrels of proven oil reserves and a sustainable production capacity of 10.8 million barrels per day (bpd), said Mohammad Al Qahtani, manager, production and facility development department.
Gulfnews.com