Saudi Aramco details 1990 surge in oil production

Journal Article · Mon Aug 12 04:00:00 EDT 1991 · Oil and Gas Journal; (United States)

OSTI ID:5792619

This paper reports on Saudi Arabian Oil Co. that has jumped its crude oil production 29% to an average 6,257,600 b/d last year. That was Saudi Arabia's response to Iraq's Aug. 2, 1990, invasion of Kuwait and the ensuing Persian Gulf crisis with its United Nations embargo on Iraqi and Kuwaiti oil exports. It was Saudi Aramco's biggest average crude oil volume since the 6,327,220 b/d gauged in 1982, according to the company's 1990 annual report. By the end of 1990 Saudi Aramco's maximum sustained production capability was 8.5 million b/d of crude. To meet long term demand, it decided to advance the timetable and increase the scope of a crude oil expansion program adopted in 1989. Reserves at the end of the year were 257.9 billion bbl of crude and 180.5 tcf of dissolved, associated, and non-associated natural gas, compared with 257.5 billion bbl and 180.355 tcf at yearend 1989.

• OSTI ID: 5792619
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 89:32; ISSN OIGJA; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002 -- Energy Planning & Policy-- Petroleum
ASIA
DEVELOPING COUNTRIES
ENERGY SOURCES
EXPORTS
FLUIDS
FOSSIL FUELS
FUELS
INSTITUTIONAL FACTORS
IRAQ
KUWAIT
LIQUIDS
MIDDLE EAST
NATURAL GAS LIQUIDS
PETROLEUM
POLITICAL ASPECTS
PRODUCTION
SAUDI ARABIA
SUPPLY AND DEMAND
TRADE