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Saudi Aramco pumps up '07 oil and gas drilling budget.

Publication: The Oil Daily
Publication Date: 20-DEC-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Saudi Aramco pumps up '07 oil and gas drilling budget.(Saudi Arabian Oil Co.)

Article Excerpt
Saudi Aramco has expanded its 2007 development wells drilling budget to almost $4 billion--an increase of 60% on earlier plans to spend $2.4 billion next year, according to industry sources (OD Dec.15,p5).

The state giant is also planning to spend $620 million next year on exploration drilling for oil and gas, out of a...

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