Saudi Arabia’s shale gas push

By Wael Mahdi, Bloomberg News | Sep 11, 2012  | http://business.financialpost.com/2012/09/11/saudi-arabias-shale-gas-push/

Saudi Aramco/Handout An offshore platform at Saudi Aramco's Karan non-associated gas field.

Saudi Arabia may hold the fifth-largest deposits of shale gas, behind China, the U.S., Argentina and Mexico, with as much as 645 trillion cubic feet of recoverable fuel

Saudi Arabian Oil Co. is set to increase the number of drilling rigs it will use in coming months as it plans for an exploration push for shale gas and hydrocarbons in the Red Sea, a local energy analyst said.