KUWAIT OIL UPDATE -- MARCH 19, 2003

C O N F I D E N T I A L KUWAIT 001002 SIPDIS STATE FOR TASK FORCE 1 - EB ACTION OFFICER STATE ALSO FOR EB/ESC AND NEA/ARP TREASURY FOR OASIA USDOC FOR 4520/MAC/AME DOE FOR IE - L. COBURN AND C. WASHINGTON E.O. 12958: DECL: X5, X5 TAGS: EPET KU SUBJECT: KUWAIT OIL UPDATE -- MARCH 19, 2003 REF: KUWAIT 978 AND PREVIOUS Classified By: DCM Frank C. Urbancic for reasons 1.5. (B) and (D) 1.(C) Following is unedited data set received from Kuwait Petroleum Corporation afternoon of 3/19/03. Readers are reminded that this data, and the fact that the USG has access to it, is extremely sensitive. Any disclosure of this information will preclude our future access to it. (Begin Report) Kuwait Petroleum Corporation Daily Crude Production All figures in bbls This report covers activities from 0500 3/18/03 to 0500 3/19/00 Total Kuwait Production 2,410,095 KOC Proper: South East: 1,383,898 West: 318,023 North: 402,462 Total: 2,104,383 Wafra Joint Operations: R/B to KOC 127,854 R/B to KNPC 0 R/B to SAT 39 R/B total 127,893 Eocene 35,819 KGOC: Khafji 122,000 Hout 20,000 KEC Receipt 2,226,826 (API 30.7, Salt PTB 17.5) KEC Stock 4,877,504 KEC Ullage 9,316,227 (End Report) 2.(C) Explanatory Comments: Wafra Joint Operations refer to onshore concessions in Saudi-Kuwait divided zone operated by Saudi Arabian Texaco (SAT). R/B refers to the two producing reservoirs -- Ratawi and Burgan. KOC is Kuwait Oil Company KNPC is Kuwait National Petroleum Corporation KGOC is the Kuwaiti successor to Arabian Oil Company (AOC), which previously operated a concession in the offshore portions of the Saudi-Kuwait divided zone -- AOC still operates the fields under a service agreement. KEC refers to Kuwait Export Crude, the country's export blend. Salt PTB refers to pounds of salt per thousand barrels of crude oil. ¶3. (SBU) NOTE: Post is also distributing sitreps such as this via SIPRNet e-mail to interested readers. To be added to the list, send a request via SIPRNet e-mail to SchwartzTPKuwait@state.sgov.gov. JONES