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Ghawar Field
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{{Short description|Oil field in Saudi Arabia}} {{Infobox oilfield | name = Ghawar Field | location_map = Saudi Arabia | location_map_width = | location_map_text = | coordinates = {{coord|25.43| N| 49.62| E| region:SA_type:landmark_scale:3000000|display = inline,title}}{{brk}} | coordinates_ref = (Centre approximation: {{coord|25.20| N| 49.31 | E| = inline,title}}) | relief = yes | country = Saudi Arabia | region = [[Eastern Province, Saudi Arabia|Eastern Province]] | location = [[Al-Ahsa Governorate|Al-Ahsa]] | block = | offonshore = Onshore | operator = [[Saudi Aramco]] | operators = | partners = | image = | caption = The Ghawar Field is the largest known field in the world | discovery = 1948 | start_development = | start_production = 1951 | peak_year = 2005 (Contested) | abandonment = | oil_production_bbl/d = 3800000 | oil_production_tpy = | production_year_oil = 2019 | production_gas_mmcuft/d = 2000 | production_gas_mmscm/d = | production_gas_bcm/y = | production_year_gas = | est_oil_bbl = 48250 | est_oil_t = | est_gas_bft = 110000 | est_gas_bcm = | formations = Upper/Middle Jurassic, Upper/Lower Permian, Lower Devonian }} {{external media | float = right | width = 220 | image1 = [http://www.hydrocarbons-technology.com/projects/abqaiq-aramco/images/2-ghawar-field.jpg Ghawar Field map and regional setting] | image2 = [https://web.archive.org/web/20110610051942/http://www.aapg.org/explorer/2005/01jan/ghawa_xsectn.jpg Regional cross section through Ghawar] | image3 = [https://grandemotte.files.wordpress.com/2009/11/ghawar-total-wells-oil-drum1.jpg Total Wells at Ghawar. Blue wells are waterflood injectors, red are production wells.] }} [[File:Map of approximate size, shape, and location of Ghawar Field.png|thumb|Map of the approximate size, shape, and location of the Ghawar Oil Field.]] '''Ghawar''' ([[Arabic language|Arabic]]: الغوار) is an [[oil field]] located in [[Al-Ahsa Governorate]], [[Eastern Province, Saudi Arabia|Eastern Province]], [[Saudi Arabia]]. Measuring {{convert|280|by|30|km|mi|abbr=on|sigfig=2}} (some {{convert|8400|km2}}), it is by far the largest conventional oil field in the world,<ref name=Durham /> and accounts for roughly a third of the cumulative oil production of Saudi Arabia as of 2018.<ref name=Croft/><ref name=":0">{{Cite web|url=https://www.rns-pdf.londonstockexchange.com/rns/6727U_1-2019-4-1.pdf|title=Saudi Arabian Oil Company - Global Medium Term Note Programme|date=April 1, 2019|publisher=Saudi Arabian Oil Company|access-date=April 4, 2019}}</ref> Ghawar is entirely owned and operated by [[Saudi Aramco]], the state-run Saudi oil company. In April 2019, the company first published its profit figures since its nationalization nearly 40 years ago in the context of issuing a bond to international markets. The bond prospectus revealed that Ghawar is able to pump a maximum of {{convert|3.8|Moilbbl|m3}} per day—well below the more than {{convert|5|Moilbbl|m3}} per day that had become conventional wisdom in the market.<ref name=":1">{{Cite web |date=2 April 2019 |title=The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed |url=https://www.bloomberg.com/news/articles/2019-04-02/saudi-aramco-reveals-sharp-output-drop-at-super-giant-oil-field |website=Bloomberg.com}}</ref><ref name=":0" />
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