ºÚÁÏÉçÇø, Kuwait discover oil reserves in North Wafra

This marks the first oil discovery since the resumption of production operations in the partitioned zone and its adjacent offshore areas in mid-2020.
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  • Discovery was made by Wafra Joint Operations
  • Find is considered a major milestone, reinforcing both nations’ positions as dependable global energy suppliers

RIYADH: The governments of ºÚÁÏÉçÇø and Kuwait have jointly announced a significant new oil discovery in the North Wafra Wara-Burgan field, located approximately 5 km north of the main Wafra field, the Kingdom’s Energy Ministry said in a statement on Monday.

According to the statement, the discovery was made by Wafra Joint Operations, where crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day. The oil has an API gravity of 26 to 27 degrees, indicating a medium-grade crude.

This marks the first oil discovery since the resumption of production operations in the partitioned zone and its adjacent offshore areas in mid-2020.

The find is considered a major milestone, reinforcing both nations’ positions as dependable global energy suppliers and demonstrating their continued strength in the exploration and production sector.