"Kuwait is looking to drill over 1000 new wells as it targets significant heavy oil output in the years ahead, according to a report.
The Opec member nation wants to produce as much as 60,000 barrels per day of heavy oil by 2015, local newspaper al-Rai quoted a Kuwait Oil Company (KOC) executive as saying.
"Nearly 1,200 wells will be drilled to produce heavy oil," northern region deputy managing director Hosnia Hashem said, according to the report which was cited by Reuters."
'via Blog this'
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