Saudi Aramco’s oil fields maximum production capacity stands at 12 million barrels per day (bpd), while the total reserves reached 256.9 billion barrels of oil equivalent, a bond prospectus issued on Monday showed.
The oil giant’s liquefied reserves amounted to 226.77 billion barrels.
Ghawar oil field, which is believed to be the world’s largest conventional oil field, has 58.32 billion barrels of oil equivalent at a maximum production capacity of 3.8 million bpd.
Safaniyah oil field, the largest offshore field, comes second at 34.03 billion barrels of oil equivalent with a maximum production capacity of 1.3 billion bpd.
The following table shows Aramco’s largest oil fields, reserves and maximum production capacities by the end of December 2018:
|
Kingdom’s Largest Oil Fields, Reserves and Capacities as of Dec. 31, 2018 |
|||
|
Oil Field |
Liquefied reserves (bln barrels)* |
Gross reserves (mln BEO) |
Production Capacity (mln bpd)** |
|
Ghawar |
48.25 |
58.32 |
3.800 |
|
Safaniyah |
33.66 |
34.03 |
1.300 |
|
Zuluf |
30.42 |
31.31 |
0.825 |
|
Khurais |
20.10 |
21.40 |
1.450 |
|
Al Shaybah |
13.62 |
14.86 |
1.000 |
|
Other fields |
80.72 |
96.96 |
3.625 |
|
Total |
226.77 |
256.89 |
12.000 |
*Includes liquefied reserves of crude oil, condensate liquids and liquefied natural gas.
**The average maximum capacities for the number of barrels that could be produced for one year during any planned future period, taking into account planned capital expenditure, maintenance, fixing and operating costs.
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