Kuwait has discovered two new oil fields, oil minister Mohammad al-Fares announced Jan. 4, according to state news agency KUNA.
One of the discoveries is in the Houma oil field in northwestern Kuwait, with production capacity of 1,452 barrels per day (bbl/d) of light oil. The second is in the Al-Qashaniya Field in north Kuwait, where light oil was discovered with a commercial quantity of 1,819 bbl/d and 2.78 million cubic feet of associated gas per day, KUNA reported.
The minister added that conventional oil was also discovered in the north of the big Burgan oil field, with a daily production rate that exceeded 2,000 barrels, after drilling several wells in 2020 to determine the extent of the field, KUNA said.
The Tanager-1 well in the Kaieteur Block offshore Guyana discovered hydrocarbons but it does not appear to be financially viable on its own, a spokesman for the company said Nov. 17.
The Stena Carron drillship is drilling the well, which is located 31 km (19 miles) east of the Pluma-1 discovery in the southeast Stabroek Block.
Output at the Liza FIeld has fallen to between 25,000-30,000 bbl/d within the past week after an issue with gas reinjection equipment, according to the head of Guyana’s Environmental Protection Agency.