New oil well discovered in Kuwait

    By IANS/WAM,

    Kuwait: Kuwait Oil Company (KOC) has announced to have found a new oil well in Kabd area of western Kuwait, with commercial-production quantities of both oil and gas.

    Initial investigation indicates flow of good quantities of both oil and gas through the well, located north of Manaqeesh, said KOC’s Managing Director Hashim Sayed Hashim, while adding that an estimate of production capacity for this well would be announced soon.