Aramco Extracts From Date Seeds Innovative Method for Drilling Operations

Part of the practical experiments conducted by Aramco's EXPEC ARC (Advanced Research Center) on Date Kernel Extract
Part of the practical experiments conducted by Aramco's EXPEC ARC (Advanced Research Center) on Date Kernel Extract
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Aramco Extracts From Date Seeds Innovative Method for Drilling Operations

Part of the practical experiments conducted by Aramco's EXPEC ARC (Advanced Research Center) on Date Kernel Extract
Part of the practical experiments conducted by Aramco's EXPEC ARC (Advanced Research Center) on Date Kernel Extract

A senior researcher at Saudi Aramco’s Exploration and Petroleum Engineering Center – Advanced Research Center’s (EXPEC ARC) – was picking dates from a palm tree in his garden in Dhahran in September 2015 when he was inspired by the idea that the leftover seeds could be a possible alternative to the nutshells that were commonly used to manufacture drilling fluid products.

The next morning, the center designed a plan to implement the tests which lead to a new technology to fill porous areas that cause the loss of oil drilling fluids.

This would achieve Aramco’s objectives by increasing the effectiveness of the program’s goals to enhance the overall value-added of the supply sector within Saudi Arabia, increase national technical expertise and create jobs.

This gardening pastime triggered the researcher’s inherent curiosity to examine the use of various waste components of the date palm tree — pruning waste, leaflets, fruits caps, and deceased date trees.

At the EXPEC ARC lab, the testing went better than the researcher could have expected as the date seeds revealed properties that met, and even exceeded, the imported nutshells.

According to EXPEC, additional local sources were researched to expand preliminary tests, leading to the Date Research Institute in al-Hasa.

The institute arranged for a visit by the researcher’s team, during which it gathered various date seeds from different types of trees and regions to replicate and broaden the testing phase.

The team discovered that all varieties of date seeds fell into a tight range of mechanical properties — all of which were suitable for manufacturing a new product.

Based on such early work, a patent was filed to protect the idea for future development as a potential business.

The first test showed remarkable performance and determined that the compound effectively seals rock formations in oil and gas wells while drilling and was, therefore, the start of the official journey of ARC Plug development.

After reviewing the technology, the team identified local strategic partners to process and produce date seeds in bulk according to the required particle sizes and specifications.

After that, it was time for the new product to see light outside the laboratory.

EXPEC researchers worked closely with competent drilling engineers and drilling fluid specialists to identify potential oil wells with conditions applicable for ARC Plug.

After selecting three wells, it was time for the phase of pumping this “valuable” material downhole.



Gold Prices Hold Steady as Investors Await US Fed Policy Cues

A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)
A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)
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Gold Prices Hold Steady as Investors Await US Fed Policy Cues

A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)
A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)

Gold prices remained steady on Wednesday, as investors awaited the US Federal Reserve's decision on interest rates due later in the day, while also focusing on US President Donald Trump's trade policies following his tariff threats.

Spot gold eased 0.2% to $2,758.49 per ounce by 09:55 a.m. ET (1455 GMT), while US gold futures rose 0.3% to $2,775.60, widening the premium over spot gold rates.

The Fed is scheduled to release its latest policy decision and statement at 2 p.m. EST (1900 GMT), with Fed Chair Jerome Powell due to hold a press conference half an hour later to elaborate on the meeting.

The US central bank is widely expected to hold interest rates steady as it awaits further inflation and jobs data and more clarity on the economic impact of Trump's policies before deciding whether to cut borrowing costs again.

"However, the Fed's commentary in regards to the potential for an interest rate cut in the March meeting is going to be in focus," said David Meger, director of metals trading at High Ridge Futures.

Gold prices neared all-time highs last week after Trump called for lower interest rates. Bullion tends to thrive in a low-interest-rate environment as it yields no interest.

Prices, however, retreated sharply on Monday as a sell-off in technology stocks, driven by Chinese AI model DeepSeek, sparked a rush to liquidate bullion to counter losses, according to Reuters.

The sell-off in the stock market seen on Monday may not be over and the unpredictability of Trump's policies is contributing to an increased demand for gold as a safe-haven, said Jim Wyckoff, a senior market analyst at Kitco Metals.

Trump still plans to make good on his promise to issue tariffs on Canada and Mexico, and his policies are widely seen as inflationary.

Elsewhere, spot silver gained 1.7% to $30.92 per ounce, platinum also added 0.5% to $946.45. Palladium was up 0.8% to $962.50.