The Minister of Petroleum and Mineral Resources, Ali Al-Naimi, announced today that Saudi Aramco has discovered a new field of Arab-light Oil in the Eastern Region. He said the well of "Hulfa-1", situated 320 km south of Dhahran and 280 km south-east of Riyadh, was tested on Wednesday, April 20, 2005, leading to the flow of an average of 6000 barrels of extremely Arab-light oil per day with a density of 36 degrees at the scale of The American Petroleum Institute. In addition, the gas also flown out of the new well at an average of 4.2 million cubic feet per day. "The well is expected to reach much more production averages under the normal circumstances, " said Al-Naimi.
