The Arabian Gulf Oil Company (AGOCO) says it has the potential to produce an additional 1,143 barrels per day (BD) of crude oil after completing testing operations on the “Natural Flow” well.
The company also confirmed finishing work at the oil well “K09-51” located in the Nafoura field, which it began last March.
All necessary equipment has been provided to put the well into service during July, AGCO added.
The company pledged to harness all capabilities to raise production and benefit from the high global crude oil prices.
Economy