Kuwait Energy announces second oil discovery in Block 9, Iraq
Kuwait Energy announces second oil discovery in Block 9, Iraq
KUWAIT -- Kuwait Energy (70% and operator) and Dragon Oil (30%) has made its second oil discovery at Block 9, Iraq.
The successful discovery was at the consortium's second target, the Yamama formation at 4,000 m, in its Block 9 exploration well, Faihaa-1, located in Northern Basra, Iraq.
Preliminary tests of the Faihaa-1 Yamama formation resulted in oil flow rates of circa 5,000 and 8,000 bopd of 35 API crude on 32”/64” and 64”/64” chokes respectively.
The consortium will conduct more detailed testing on Yamama towards the end of the year.
