Saudi discovers 2 new fields

Saudi Arabia has discovered two new oilfields near Ghawar, the world’s largest field, Oil Minister Ali Al Naimi said.

Output from one of the fields was light crude with an API gravity measure of 35 degrees. The Derwaza-1 well on that field, 70 km southeast of Ghawar, produced 5,569 barrels per day of oil and 2.8 million cubic feet per day of gas.