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The governments of Saudi Arabia and Kuwait have jointly announced a significant new oil discovery in the North Wafra Wara-Burgan field, located approximately five kilometres north of the main Wafra field, the kingdom’s Energy Ministry said in a statement yesterday.
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 discovery since the resumption of production operations in the Partitioned Zone – a shared border area between Saudi Arabia and Kuwait – and its adjacent offshore area 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.
“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 Saudi Press Agency stated.
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