Chevron Says Saudi-Kuwait Oil Field Steam Trials ‘Promising’
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Chevron Corp., the second-largest U.S. energy company, said a pilot project to boost production by injecting steam into an oil field shared between Saudi Arabia and Kuwait showed “very promising” results.
Chevron is trying to boost production from the Wafra field in the so-called Neutral Zone shared between the two countries by as much as 600,000 barrels a day once a new method for injecting steam is applied on a large scale.