Safaniya Oil Field
Encyclopedia
Safaniya Oil Field is the largest offshore oil field
Oil field
An oil field is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically extend over a large area, possibly several hundred kilometres across, full exploitation entails multiple wells scattered across the area...

. It is located about 265 kilometres (164.7 mi) north of the company headquarters in Dhahran
Dhahran
Dhahran is a city located in Saudi Arabia's Eastern Province, and is a major administrative center for the Saudi oil industry. Large oil reserves were first identified in the Dhahran area in 1931, and in 1935 Standard Oil of California drilled the first commercially viable oil well...

 in the Persian Gulf
Persian Gulf
The Persian Gulf, in Southwest Asia, is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.The Persian Gulf was the focus of the 1980–1988 Iran-Iraq War, in which each side attacked the other's oil tankers...

, Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...

. Measuring 50 by with a producing capability of more than 1.2 Moilbbl/d. The oil field is operated and owned by Saudi Aramco
Saudi Aramco
Saudi Aramco , officially the Saudi Arabian Oil Company, is the national oil company of Saudi Arabia.Saudi Aramco is the world's largest and most valuable privately-held company, with estimates of its value in 2011 to be $7 trillion USD.Saudi Aramco has both the largest proven crude oil reserves,...

.

The oil field was discovered in 1951. It is considered the largest offshore oil field in the world.. When it was first put in production in 1957, it flowed 50000 oilbbl/d of crude oil from 18 wells. At the beginning of 1962 it possessed the facilities to handle 350000 oilbbl/d from 25 wells. This sevenfold increase had evolved in just four years and nine months. Its reserve amount to around 37 Goilbbl of oil and 5360 Gcuft of natural gas.

See also

  • King of Saudi Arabia
  • Petroleum
    Petroleum
    Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...

  • Saudi Aramco
    Saudi Aramco
    Saudi Aramco , officially the Saudi Arabian Oil Company, is the national oil company of Saudi Arabia.Saudi Aramco is the world's largest and most valuable privately-held company, with estimates of its value in 2011 to be $7 trillion USD.Saudi Aramco has both the largest proven crude oil reserves,...

    (oil company of Saudi Arabia)
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