VIDEO: The road to Dammam Well 7, the Prosperity Well
Eighty-four years ago, Dammam Well 7 began producing commercial quantities of crude oil, setting the Kingdom on the road to prosperity.
The road to Well 7, the Prosperity Well
April 1935, Drilling starts at the first oil well in Dammam
December 1936, Work on the first deep well begins at Well 7
November 1937, Max Steineke examines Well 7 and directs to keep drilling
March 4, 1938, Announcement of Well 7 flowing in commercial quantities of oil at 1,585 barrels a day
March 7, 1938, The Flow rate from Well 7 more than doubles
August 30, 1938, Saudi Arabia becomes a major oil-producing nation
May 1, 1939, King Abdulaziz turns the valve that sends oil to a tanker for the first export of oil from Ras Tanura
1982 Well 7 is shut down after producing more than 32 million barrels
April 11, 1999, HRH Crown Prince Abdullah visits Well 7 and names it the Prosperity Well
This is the start of our journey to prosperity.