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Title: Saudi Aramco details 1990 surge in oil production

Abstract

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.

Publication Date:
OSTI Identifier:
5792619
Resource Type:
Journal Article
Journal Name:
Oil and Gas Journal; (United States)
Additional Journal Information:
Journal Volume: 89:32; Journal ID: ISSN 0030-1388
Country of Publication:
United States
Language:
English
Subject:
03 NATURAL GAS; 29 ENERGY PLANNING, POLICY AND ECONOMY; NATURAL GAS LIQUIDS; EXPORTS; PRODUCTION; PETROLEUM; SAUDI ARABIA; IRAQ; KUWAIT; POLITICAL ASPECTS; SUPPLY AND DEMAND; ASIA; DEVELOPING COUNTRIES; ENERGY SOURCES; FLUIDS; FOSSIL FUELS; FUELS; INSTITUTIONAL FACTORS; LIQUIDS; MIDDLE EAST; TRADE; 030600* - Natural Gas- Economic, Industrial, & Business Aspects; 292000 - Energy Planning & Policy- Supply, Demand & Forecasting; 294002 - Energy Planning & Policy- Petroleum

Citation Formats

. Saudi Aramco details 1990 surge in oil production. United States: N. p., 1991. Web.
. Saudi Aramco details 1990 surge in oil production. United States.
. 1991. "Saudi Aramco details 1990 surge in oil production". United States.
@article{osti_5792619,
title = {Saudi Aramco details 1990 surge in oil production},
author = {},
abstractNote = {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.},
doi = {},
url = {https://www.osti.gov/biblio/5792619}, journal = {Oil and Gas Journal; (United States)},
issn = {0030-1388},
number = ,
volume = 89:32,
place = {United States},
year = {Mon Aug 12 00:00:00 EDT 1991},
month = {Mon Aug 12 00:00:00 EDT 1991}
}