Saudi Aramco said it has obtained regulatory approval to develop the Jafurah unconventional gas field in the Eastern Province, with production expected to start early 2024.
The energy giant expects output to reach around 2.2 billion cubic feet per day of sales gas by 2036, with an associated 425 million cubic feet per day of ethane, representing about 40 per cent of current production. The field would produce some 550,000 barrels per day of gas liquids and condensates.
Gas reserves in Jafurah, the largest unconventional non-associated gas field in the kingdom, are estimated at 200 trillion cubic feet of raw gas, the company said in a statement.
Aramco plans to invest $110 billion to develop Jafurah, state news agency SPA, which also quoted Saudi Crown Prince Mohammed bin Salman as saying the field’s development would provide the state with annual net income of $8.6 billion.
Jafurah is the largest non-associated gas field in the Kingdom of Saudi Arabia to date, with a length of 170 km and a width of 100 km.