Aramco Increases Gas, Condensate Reserves at Jafurah Field

Aramco has added large volumes to its proven gas and condensate reserves at the Jafurah unconventional field in the Kingdom of Saudi Arabia. Following the exploration of Jafurah unconventional field, Aramco has recorded 15 trillion standard cubic feet (scf) of raw gas and two billion stock tank barrels (STB) of condensate as proven reserves at Jafurah.

With the addition of the Jafurah reserves, the company estimates that the field contains a total resource of 229 trillion scf of raw gas, alongside an estimated 75 billion STB of condensate. These estimates were calculated using a novel approach to shale reserves booking, which was applied to unconventional resources and has potential to be deployed at scale. Reserve booking practices were assessed through establishing continuity of resources and consistency of performance.

“This achievement enhances the Kingdom’s hydrocarbon wealth through proven reserves of gas, which is a vital resource for the energy and chemicals industries,” said Amin H. Nasser, President & CEO, Aramco. “Aramco’s upstream business is deploying state-of-the-art technologies including advanced modeling and artificial intelligence to make tangible progress in developing Jafurah, which is one of the company’s growth engines and an important economic resource for the Kingdom. The field represents a key element in our strategy to increase Aramco’s gas production.”

Aramco submitted these estimates for technical validation at the certification consultancy DeGolyer & MacNaughton, which reviewed the statistical booking mechanism and provided an independent assessment. Aramco is currently working to deliver production at Jafurah unconventional field, with plans to accelerate to reach a sustainable sales gas rate of two billion scfd by 2030. Production will also be extended to add volumes of ethane, natural gas liquids, and condensate.