سجلت المملكة والكويت اكتشافًا بتروليًا جديدًا في المنطقة المقسومة، مع توقعات إنتاج تتجاوز 500 برميل يوميًا.

In a significant development for the oil sector, the governments of Saudi Arabia and Kuwait have jointly announced the discovery of a new oil reservoir at the “North Wafra Wara-Burqan” field, situated approximately 5 kilometers north of the existing Wafra field. This noteworthy find indicates that oil is flowing from the Wara reservoir at the well designated “North Wafra Wara-Burqan – 1,” producing rates that exceed 500 barrels per day, with an API gravity ranging between 26 and 27.

This discovery marks the first such achievement since the resumption of production activities in the Divided Zone and adjacent submerged areas, which took place in mid-2020. The discovery is of considerable importance, as it is expected to positively impact the reputation of both nations, enhancing their reliability as key players in the global energy supply chain and bolstering their capabilities in exploration and production activities.

The Divided Zone, a shared oil field area governed by agreements between Saudi Arabia and Kuwait, has long played a critical role in the oil economies of both countries. The cooperation between these two nations underscores a commitment to optimize the use of shared resources while adhering to environmental and operational standards.

Since the agreement to resume operations in 2020, both countries have worked diligently to increase production and ensure the sustainability of oil extraction practices in the region. Such endeavors reinforce their strategic partnership and commitment to maintaining a stable supply of energy to the world market.

The flow rate from the new well, noted for exceeding 500 barrels per day, signals not only the viability of the reservoir but also the potential for further discoveries in the region. This promising outcome encourages further investment in infrastructure and technology, aimed at maximizing output and ensuring the efficient development of oil reserves in the region.

As global demand for energy continues to rise, such discoveries are pivotal for enhancing the economic frameworks of both Saudi Arabia and Kuwait. They also contribute to the broader energy security landscape, as these developments will enhance the ability of both countries to meet both domestic and international energy needs.

Furthermore, this discovery comes at a time when the international oil market is navigating a complex array of challenges, including fluctuating prices and geopolitical tensions. Enhancing exploration and production capabilities, as evidenced by this new find, positions both nations favorably within the competitive landscape of global energy suppliers.

In summary, the recent discovery of new oil reserves in the North Wafra Wara-Burqan field exemplifies the fruitful collaboration between Saudi Arabia and Kuwait. Not only does it indicate a significant enhancement in oil production capabilities, but it also emphasizes the pivotal role of the Divided Zone in the energy strategies of both nations. With the potential for future discoveries and increased output, this development is expected to have lasting positive effects on both countries’ economies and their standing as reliable energy providers on the world stage.