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    Bahrain Outlines Major Discovery

Summary

Bahrain has spoken more about its biggest oil and gas discovery.

by: Shardul Sharma

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Natural Gas and LNG Latest & Breaking News, Middle East, Corporate, Exploration & Production, News By Country, Bahrain

Bahrain Outlines Major Discovery

Bahrain said April 4 that its biggest discovery holds 80bn barrels of tight oil and 10-12 trillion ft3 of gas. The find was announced April 1.

The information was provided by Bahrain’s National Oil and Gas Authority (NOGA), alongside international consultants DeGolyer & MacNaughton, Halliburton, and Schlumberger, state owned Bahrain News Agency (BNA) reported. The discovery, made within the 2,000 km2 Khalij Al-Bahrain basin, is located in shallow waters off the kingdom’s west coast.

Work has already been carried out to evaluate in-place volumes. The first well in the drilling programme is planned in August, and over the next two years focus will be given to maximising production and commercial efficiency, reported BNA.

Announcing the size and content of the discovered resources, Bahrain’s oil minister Mohammed bin Khalifa Al Khalifa said: "Agreement has been reached with Halliburton to commence drilling on two further appraisal wells in 2018, to further evaluate reservoir potential, optimise completions, and initiate long-term production.”