Aramco has added significant volumes to the proven gas and condensate reserves at the Jafurah unconventional field. The company has booked 15 trillion standard cubic feet (scf) of raw gas and 2 billion stock tank barrels (STB) of condensate as proven reserves at Jafurah, which now contains an estimated total resource of 229 trillion scf of raw gas and 75 billion STB of condensate. These new estimates were calculated using a novel approach to shale reserves booking, which was validated by industry reserves certification consultancy DeGolyer and MacNaughton. Aramco's President & CEO Amin H. Nasser stated that this achievement enhances the Kingdom's hydrocarbon wealth and represents a key element in the company's strategy to increase its gas production. Work is underway to deliver production at Jafurah, with plans to reach a sustainable sales gas rate of 2 billion scfd by 2030, along with significant volumes of ethane, natural gas liquids, and condensate.
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