Bahrain has Discovered Largest Oil and Gas Field in it’s History

Bahrain government said it has discovered its largest tight oil and deep natural gas field , since the country’s first oil well began operation in 1932. It is located in the Khaleej al-Bahrain, the west coast of the kingdom.
The government said Sunday that the new resource is “understood to dwarf Bahrain’s current reserves.” Details about the initial findings of size and extraction viability are to be released by the Oil Ministry at a news conference Wednesday.
“Initial analysis demonstrates the find is at substantial levels, capable of supporting the long-term extraction of tight oil and deep gas,” Bahrains Minister of Oil, Sheikh Mohammed bin Khalifa Al-Khalifa said in a statement.
The field was the first to be discovered in the Gulf and the first to start production. It currently pumps around 50,000 barrels per day (bpd), in addition to over one billion cubic feet (28 million cubic metres) of natural gas daily.
“The new resource is forecast to contain highly significant quantities of tight (light crude) oil and deep gas, dwarfing Bahrain’s current reserves,” said the country’s Higher Committee for Natural Resources, which is chaired by Crown Prince Salman bin Hamad.
Prince Salman tweeted that a press conference on Wednesday would “provide additional details on the discovery, including initial findings of size and extraction viability”.
>Juthy Saha