KOC May Reduce Injection Wells From 50 To 20
The Kuwait Oil Company (KOC) has decided to reduce the number of injection wells from 50 wells to 20 wells in the third phase of the project to maintain the reservoir pressure of the Burgan oil field, quoting reliable sources from the oil sector.
The source explained to the daily that the Central Agency for Public Tenders (CAPT) requested the postponement of the decision until the receipt of data from KOC regarding the method of calculating variation orders with deduction.
The “Wara” reservoir project includes the establishment of a water injection plant and drilling wells, in addition to a project to modernize the current production facilities to absorb the water accompanying production and maintain the production capacity of Burgan oil field.
It should be noted that the project to preserve Wara reservoir in the third phase was awarded in May 2017 with a value of KD 51.5 million.
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2020-12-28