The Oil of Saudi Arabia

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About KSA

The Oil

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Playing: Ilnoom

All my personal comments/ notes are in maroon italic type. / Pictures to open: 4

The Oil

In 1931 the engineer, Karl Twitchell, arrived in Jiddah. Twitchell was a civil and mining engineer, with Middle East experience. After an extensive survey of many months, Twitchell submitted his report to the King. A key finding was that the geological formations in eastern region around Dhahran strongly indicated the presence of oil.

www.outintheblue.com/

Dhahran_1939.htm

www.saudinf.com/main/d13.htm

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Saudi Arabia is an oil-based economy with strong government controls over major economic activities. Saudi Arabia has the largest reserves of petroleum in the world (26% of the proved total), ranks as the largest exporter of petroleum, and plays a leading role in OPEC. The petroleum sector accounts for roughly 75% of budget revenues, 40% of GDP, and 90% of export earnings. http://history.searchbeat.com/saudiarabia.htm

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Book Title

"Despite extensive coverage of the Gulf War, few Americans know how the United States came to depend on the Middle East for oil. In Out in the Blue, Thomas Barger provides a fascinating glimpse of that history."
www.outintheblue.com/Index.htm

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Saudi Arabia has been described as the world "mother lode" of oil and gas reserves. Estimates for 1990 placed total oil reserves of the kingdom at 261 billion barrels. Saudi Aramco controlled all the reserves within the country's borders with the exception of reserves in the Divided Zone, which were controlled by Getty Oil Company and the Arabian Oil Company.

http://reference.allrefer.com/country-guide-study/saudi-arabia/saudi-arabia60.html

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The main oil fields

www.simmonsco-intl.com/files/GHP.pdf

Crude Oil Reserves and Production Capacity
Of the four fields discovered before Al Ghawar--Ad Dammam, Abu Hadriyah, Abqaiq (also seen as Buqayq), and Al Qatif--only Abqaiq and Al Qatif were still producing in 1990. Abqaiq had forty-seven flowing wells. The major producing fields discovered after Al Ghawar, mainly in the 1960s and early 1970s, are offshore and include Manifah, Abu Safah, Al Barri, Az Zuluf, Al Marjan, and Al Khafji in the Divided Zone .Saudi Arabia had a total of 789 flowing wells during 1990, up from 555 producing wells in 1983.

http://reference.allrefer.com/country-guide-study/saudi-arabia/saudi-arabia60.html

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The Ras Tannura's oil production plant in Saudi Arabia's eastern province.
http://news.yahoo.com/news?tmpl=story&u=/050210/photos_bs_afp/050210102821_poqx6r00_photo0