Sunday, October 12 - 2008

System to boost Saudi reserves

Saudi Arabia: Tuesday, July 11 - 2006 at 07:49

Chevron and Saudi oil officials are optimistic about initial results from a pilot project to tap heavy crude reserves by injecting steam, which could boost estimated reserves by 'tens of billions' of barrels, Reuters reported citing an article in The Wall Street Journal. The trial, which Chevron plans to expand to additional wells, is a critical test of Saudi Arabia's heavy-oil potential.

James McInerney James McInerney, News Editor
Tuesday, July 11 - 2006 at 07:49 UAE local time (GMT+4)

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