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Bahrain Touts Gas Find Duo

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Bahrain has announced two natural gas discoveries in the Al-Joubah and Al-Jawf reservoirs, according to state news agency BNA.

Nasser bin Hamad Al Khalifa, chairman of the kingdom’s energy investment and development arm Nogaholding, has updated Bahrain King Hamad bin Issa Al Khalifa on the discoveries, an official statement said without disclosing estimated reserves.

Bahrain’s energy strategy is likely to be decided in the next 6 months, Nogaholding’s chief executive told Reuters.

The Gulf Arab state’s 2018 discovery of the Khaleej al-Bahrain field was its largest oil and gas find since 1932 and is estimated to contain at least 80 billion bbl of shale oil.

The two unconventional gas reservoirs, Al-Juba and Al-Jawf, are located under the existing onshore gas-producing fields of Al-Khuf and Al-Onaiza.

BNA said initial evaluations of the discoveries were “encouraging in terms of quantity and production opportunities” and cited Sheikh Nasser describing them as “significant.”

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