Jafurah Phase 2 is a unconventional gas development located onshore Saudi Arabia and is operated by Saudi Arabian Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Jafurah Phase 2 was discovered in 2021, lies in block Saudi Aramco Concession Area. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2027. The development cost is expected to be $44,000 m.
Field participation details
The field is owned by Saudi Arabian Oil.
Production from Jafurah Phase 2
Production from the Jafurah Phase 2 unconventional gas development project is expected to begin in 2027 and is forecast to peak in 2049, to approximately 425,810 bpd of crude oil and condensate, 1,699 Mmcfd of natural gas and 55,130 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2083.
Remaining recoverable reserves
The field is expected to recover 7,783.00 Mmboe, comprised of 4,336.93 Mmbbl of crude oil & condensate, 17,307.36 bcf of natural gas reserves and 561.51 Mmbbl of natural gas liquid reserves.
Contractors involved in the Jafurah Phase 2 unconventional gas field
The key contractors involved in the Jafurah Phase 2 project as follows.
Main EPC: SEPCO Electric Power Construction
About Saudi Arabian Oil
Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.
For more details on the Jafurah Phase 2 Unconventional Gas Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
