KUWAIT OIL UPDATE -- MARCH 29, 2003

C O N F I D E N T I A L KUWAIT 001148

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: 1.6 X5, X6
TAGS: EPET KU
SUBJECT: KUWAIT OIL UPDATE -- MARCH 29, 2003

REF: KUWAIT 1119 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 3/29/03. Explanatory
comments follow at para 2.

Begin Report

Kuwait Petroleum Corporation
Daily Crude Production
All figures in bbls

This report covers activities from 0500 3/28/03 to 0500
3/29/00

Total Kuwait
Production 2,457,657

KOC Proper:
South East: 1,358,289
West: 346,357
North: 424,822
Total: 2,129,468

Wafra Joint Operations:
R/B to KOC 139,822
R/B to KNPC 0
R/B to SAT 5,777
R/B total 145,599
Eocene 42,591

KGOC:
Khafji 121,000
Hout 19,000

KEC Receipt 2,262,965 (API 30.7, Salt PTB 29.0)
KEC Stock 6,787,088
KEC Ullage 7,406,643

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.
JONES