Exxon found the first Ghawar field
at Ain Dar in 1948, having joined Aramco in 1947.
He pointed out that Saudi Arabia works on digging up to five experimental wells of shale gas in the Ghawar Field
and in other fields near borders with Jordan.
Among its portfolio is the 100 percent-owned Ghawar Field
, the world's largest oil field, and the Safaniya Field, the world's largest offshore field.
The field is average in size compared to the giant Ghawar field
that pumps millions of barrels a day.
The proximity of its deposits to the surface allows an easy exploitation, while the dire size of its deposits (just the Ghawar field
close to Bahrain holds more oil than the United States) creates economies of scale in infrastructure investments.
West Qurna is central to Iraq's oil expansion plans, with enough reserves to pump more than 5 million barrels per day (bpd), and it could rival the world's biggest producer, Saudi Arabia's Ghawar field
, when its two phases are running fully.
For example, Saudi Arabia is currently conducting the first enhanced oil recovery trial on their supergiant Ghawar field
where a 1% hike in recovery means an extra billion barrels of oil.
Al-Faleh gave an example of an investment worth hundreds of millions of dollars in a project that is a part of the development of the Ghawar field
in Saudi Arabia, and said: Aramco is preparing for oil exploration in the Red Sea, and deep water drilling will begin there in 2012.
If converted to barrel of oil equivalents, South Pars would dwarf the reserves of Saudi Arabia's giant Ghawar field
Located approximately 200 kilometers (124 miles) from the city of Dhahran, the Ghawar field
is the world's largest oil field and the contract would involve work in Uthmaniyah, Haradh, Hawiyah and Shedgum.
Abqaiq handles crude pumped from the giant Ghawar field
and ships it off to terminals Ras Tanura--the world's biggest offshore oil loading facility--and Juaymah.
He has said that the Ghawar field
in Saudi Arabia, which is something like 110 miles long and 17 miles wide .