[knoppix2004]

I was bit offended by Mr. Ali’s article Why Simmons Is Wrong about Saudi Oil. I hope reader of this post forgive me for responding to his silly article. link

It is understandable what you have to say Mr. Ali, but don’t expect me or even your fellow Muslim to agree with you. As Matt Simmons has pointed out that he has become a household name all over Saudi. Saudis are demanding their government to tell the truth! Under Saudi’s public pressure Saudi government was forced to tell western truth!
$this->bbcode_second_pass_quote('', ' ')link Saudi Arabia calculates there is a 4.5mb/d gap between what the world needs and what the kingdom can provide.

[Guest]

$this->bbcode_second_pass_quote('', '"') When natural gas condensates are included, daily production now equals nearly 12 million barrels of liquids."

[mgibbons19]

$this->bbcode_second_pass_quote('Anonymous', '')$this->bbcode_second_pass_quote('', '"') When natural gas condensates are included, daily production now equals nearly 12 million barrels of liquids."

[Sparaxis]

Natural gas liquids (NGLs) are a very important part of oil production and is a significant proportion of US production. There is nothing disingenuous about his his statement at all...NGLs are a key refinery feedstock and an important energy form.

And no, the production statistics do not include the water. That is silly.

China produces with a 92% water cut in their super-giant Daqing field. What he said about it being economic is correct.

I may not share his sanguine opinion, nor do I believe that reserves are as high as stated, nor do I believe that "technology" extends reserve volume (it sustains high production and leads to more rapid decline), and...basically...he hasn't really said anything to refute what Simmons has written. The specifics he tries to refute with are articles of faith (reserve size, technology) rather than fact.

[Antimatter]

$this->bbcode_second_pass_quote('Anonymous', '')$this->bbcode_second_pass_quote('', '"') When natural gas condensates are included, daily production now equals nearly 12 million barrels of liquids."

[spartacus]

Ali Denashy is right on the money! The water injection is to provide pressure support where natural pressure support is insufficient It's common worldwide, and means nothing.

On the issue of horizontal wells adding reserves....this is also true, most noticeably in reservoirs with gas caps, but also in thinner reservoirs. In both these cases it is a question of economics (which forms part of the definition of reserves)

Again, as stated by others, condensate is a light oil.....it is added to the produced oil stream. The water comment is silly!

Shaybah is not the 'high fruit', but is a complex field.

One interesting note is that Aramco has not even developed the field under its main offices in Dhahran. I'm sure if things were dire, they would have started on the closest (and large) Dammam field...but apparently not yet!