Kuwait Makes New Light Oil Find in Northern Field

Source: Deutsche Presse-Agentur 7/13/2005, Location: Middle East

State owned Kuwait Oil Company (KOC) has made a new light crude oil discovery with commercial viability in its northern Sabriya field near Iraq, senior KOC executives said Monday. KOCs Exploration Group tested the new find at the well identified as Sabriya (SA-215), which was drilled to a depth of 16,700 feet to the base of the so-called Marat formation.

The new find was discovered some distance above that at the Middle, Jurassic formation at the Umm Niqa structure, they said. The light crude measured 45 degrees (API) by American Petroleum Institute standards, which classified it as "light crude," they said. The well took 311 days to drill. An initial test showed that the well flowed at 3,052 barrels per day (b/d) the executives said noting that following a process known as "acidization," the well could be expected to double that flow. The discovery has "enormous significance" since there are additional layers of similar crude yet to be tested at the Marat formation, as well as in neighbouring structures, they added.

The discovery has greatly enhanced the viability of additional exploration at the Jurassic formation in that area, they noted. KOC has been embarked on an aggressive oil and gas exploration programme at deeper levels, specifically in the northern and western part of the emirate. Kuwait, which is capable of producing about 2.4 million b/d of crude aims to boost its output capacity to 3 million b/d by 2010 and 4 million by 2020. KOC Chariman Farouk al-Zenki recently told an economic conference that the company intended to drill some 284-development wells during the coming three years in order to achieve production targets.


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