KOC to drill 200 oil wells in Al Ratqa

28 March 2010

Kuwait Oil Co (KOC) plans to drill 200 oil wells for heavy crude oil in the AlÙ€Ratqa Oil Field in the north of Kuwait by 2011, Al-Watan Daily has reported, citing sources. The firm has developed plans for projects including the drilling of these oil wells at a cost of KD59m, the newspaper said. The plans are in line with the Gulf state's aim to raise its production capacity of heavy crude oil, which is estimated at 60,000 barrels a day.

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