The #SaudiArabia IPO quotes Ghawar initial crude reserves as 127.7 Gb (p 58) with 2018 liquid reserves at 48.3 Gb (around 43.5 Gb crude). This means that Ghawar was depleted by 66%. With a production of 3.8 mb/d since then, 92.5 Gb crude were produced by 2024. 72% depleted #OOTT
#saudiarabia
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