Saudi Aramco has awarded subsurface and engineering, procurement and construction (EPC) contracts worth US$10bn for the development of its Jafurah unconventional gas field.
Claimed to be the largest non-associated gas field in Saudi Arabia, Jafurah is estimated to contain 200 trillion standard cubic feet of gas.
With a capital expenditure of US$68bn over the first 10 years of development, the total overall lifecycle investment at the Jafurah field is expected to be around US$100bn.
The Jafurah basin’s shale play, which covers an area of 17,000km², is anticipated to deliver 200 million standard cubic feet per day (scfd) of gas by 2025.
With 418m scfd of ethane and up to 630,000 barrels per day of gas liquids and condensates, the gas field is expected to achieve two billion scfd of sales gas by 2030.
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