The governments of Kuwait and Saudi Arabia announced today that the Wafra Joint Operations (WJO) has made a significant new oil discovery in the North Wafra field (Wara-Burgan formation), located 5 kilometers north of the main Wafra field in the Partitioned Neutral Zone (PNZ).

Technical Specifications:

• Discovery Well: North Wafra (Wara-Burgan-1)

• Flow Rate: 500+ barrels per day (26-27° API gravity)

• Reservoir: Wara formation crude

• Significance: First discovery since PNZ production resumed in mid-2020

Ministerial Comments:
The Kuwaiti Oil Ministry emphasized this discovery:
✓ Reinforces both nations' status as reliable global energy suppliers
✓ Demonstrates technical capabilities in exploration/production
✓ Follows the 2020 restart of PNZ operations after 5-year hiatus

Geopolitical Context:

• The PNZ contains estimated reserves exceeding 5 billion barrels

• Jointly administered since 1965 under equal revenue sharing

• 2020 production restart resolved operational disputes dating to 2015

Operational Details:

• Field operators: KGOC (Kuwait) and Aramco Gulf Operations (Saudi Arabia)

• Current PNZ production: ~550,000 bpd capacity

• API gravity indicates medium-grade crude suitable for refining