Kuwait Oil Company (KOC) on Monday announced a major offshore gas discovery at the Jaza field, reporting initial well output above 29 million standard cubic feet per day of gas and more than 5,000 barrels per day of condensate. The company said the reservoir has low CO?, no hydrogen sulfide and no associated water, which are attributes that lower processing costs and speed tie-in options to Kuwait’s domestic network, according to Qatar News Agency, described the discovery as setting a new benchmark for vertical-well output from the…
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