TFIZ01: KUWAIT OIL UPDATE -- APRIL 1, 2003

C O N F I D E N T I A L KUWAIT 001195 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: TFIZ01: KUWAIT OIL UPDATE -- APRIL 1, 2003 REF: KUWAIT 1176 AND PREVIOUS Classified By: DCM Frank C. Urbancic for reasons 1.5. (B) and (D) 1.(C) Following is the unedited data set provided by the Kuwait Petroleum Corporation (KPC) production on April 1, ¶2003. Explanatory comments follow at para 2. (Begin Report) Kuwait Petroleum Corporation Daily Crude Production All figures in bbls This report covers activities from 0500 3/31/03 to 0500 4/01/03 Total Kuwait Production 2,393,469 KOC Proper: South East: 1,291,647 West: 353,939 North: 425,343 Total: 2,070,929 Wafra Joint Operations: R/B to KOC 146,290 R/B to KNPC 0 R/B to SAT 4,942 R/B total 151,232 Eocene 26,308 KGOC: Khafji 125,500 Hout 19,500 KEC Receipt 2,198,924 (API 30.7, Salt PTB 27.7) KEC Stock 5,777,766 KEC Ullage 8,415,965 (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 continues to distribute these updates 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