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Bank says Saudi's top field in decline - Adam Porter
Production; Extraction; ExplorationSpeculation over the actual size of Saudi Arabia's oil reserves is reaching fever pitch as a major bank says the kingdom's - and the world's - biggest field, Gharwar, is in irreversible decline.

The Bank of Montreal's analyst Don Coxe, working from their Chicago office, is the first mainstream number-cruncher to say that Gharwar's days are fated.

aljazeera.net
Posted on Tuesday, April 12 @ 06:49:48 PDT by MarkL
 
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