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Aramco to hike oil production capacity by 850,000 b/d

07/14/2008
Saudi Aramco, repeating long-announced plans, will increase production by yearend by a combined 850,000 b/d from its Khursaniyah, Nuayyim, and Shaybah fields, according to a senior official.Amin Al Nasser, Aramco’s senior vice-president for exploration and production, said the company will bring Khursaniyah on stream by yearend, adding 500,000 b/d of oil production, while boosting output at Shaybah to 750,000 b/d from 500,000 b/d, and bringing newly developed Nuayyim field to 100,000 b/d.Last year, reports said Saudi capacity increases during 2007-08 would come from the three fields, pushing the total to 11.4 million b/d by yearend 2008 from 10.8 million b/d currently (OGJ Online, A...
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