nogaholding announces discovery of two new natural gas reservoirs

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Manama, Nov. 8 (BNA): The Oil and Gas Holding Company (nogaholding) has announced the discovery of two new natural gas reservoirs in the unconventional "Al-Juba" and "Al-Jawf" layers, which are located under the gas-producing "Al-Khuf" and "Al-Onaiza" reservoirs in the Kingdom of Bahrain.


The significant discoveries are in tune with the vision and ambition of His Majesty King Hamad bin Isa Al Khalifa and HRH the Crown Prince and Prime Minister, Prince Salman bin Hamad Al Khalifa to boost natural resources and their value in the Kingdom of Bahrain.


Marking the occasion, Representative of His Majesty the King for Humanitarian Works and Youth Affairs, Chairman of nogaholding, His Highness Shaikh Nasser bin Hamad Al Khalifa said that the latest discoveries and positive results have provided the needed valuable information to go ahead with making more evaluation of wells to benefit from all potentials of the promising natural gas resource. "This information available to us paves the way for the future development and production of the natural gas resource in the interest of the Kingdom of Bahrain," he said.


It is noteworthy that Tatweer Petroleum Company has implemented all drilling operations and related activities.


Additional drilling operations are scheduled to be conducted during the years 2023 and 2024, in which two layers will be tested, "Al-Taweel" and "Al-Sara", which are located below the "Al-Jawf" gas reservoir, in addition to the horizontal drilling experience in the "Al-Juba" well in order to improve productivity.


AOQ