Saudi discovers new field

‘Saudi Aramco has discovered a new oil field south east of Ghawar field,’ the official Saudi Press Agency (SPA) quoted oil minister Ali Al Naimi as saying. ‘On February 11, oil from the Derwaza-1 well … flowed at a rate of 3,915 bpd associated with 11.9 million cubic feet of gas daily,’ he added.

The well, 70 km (43.5 miles) south of Ghawar, is expected to produce at higher levels, he said. He gave no further details on the size of the find or potential future production.
Trade Arabia