Aramco official outlines plans to boost production

07/11/2005
Saudi Arabia has 260 billion bbl of proved oil reserves that it can bring to market to meet its goal of increasing production to 12 million b/d by 2009 from the current 10.5 million b/d, a Saudi Aramco official declared in Washington, DC.“If market conditions justify it, we are prepared to go to 15 million [b/d], a level we believe not only can be achieved, but maintained for decades to come,” said Khalid Al-Falih, Aramco’s senior vice-president, gas operations.“These numbers are real. They represent recoverable amounts,” Khalid said of the estimated 260 billion bbl of proved oil reserves. The kingdom has another 100 billion bbl of probable reserves and still...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected