The governments of Kuwait and Saudi Arabia announced today that Wafra Joint Operations has made a new oil discovery in the North Wafra Wara-Burgan field, located 5 kilometers north of Wafra field.
“Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day, with an API gravity of 26 to 27 degrees,” the joint statement said.
Kuwait and Saudi Arabia’s announcement marks the first oil discovery since the resumption of production operations in the partitioned zone and its adjacent offshore area in mid-2020.
“The discovery is regarded as highly significant, given its positive impact on both countries’ standing as reliable global energy suppliers and their capabilities in the exploration and production sector,” the statement added.
Earlier this year, Saudi Aramco announced the discovery of 14 oil and natural gas fields and reservoirs in Saudi Arabia’s Eastern Region and the Empty Quarter. The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural gas.
Read: Saudi Arabia discovers 14 new oil and gas fields in Eastern Region, the Empty Quarter
The Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz noted the importance of the added value that these discoveries represent, solidifying the Kingdom’s leading position in the global energy sector, reinforcing its rich hydrocarbon potential, opening new horizons for the Kingdom’s economic development, and strengthening its ability to meet both domestic and global energy demand efficiently and sustainably for decades to come.
These discoveries will also support sustained economic growth and prosperity, in line with Vision 2030 and Saudi Arabia’s ambitious goals to fully harness its natural resources and enhance global energy security.
