TFIZ01: KUWAIT OIL UPDATE -- APRIL 03, 2003

C O N F I D E N T I A L KUWAIT 001227 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 03, 2003 REF: KUWAIT 1217 AND PREVIOUS Classified By: DCM Frank C. Urbancic for reasons 1.5 (B) and (D) 1.(C) We understand that the unscheduled shutdown of Gathering Cener 20 in the Wafra field (reported on April 2) has been resolved. While the reasons for the shutdown are not clear, it appears to have had no significant impact on Wafra Joint Operations. 2.(C) Following is the unedited data set provided by the Kuwait Petroleum Corporation (KPC) production on April 3, ¶2003. Explanatory comments follow at para 3. (Begin Report) Kuwait Petroleum Corporation Daily Crude Production All figures in bbls This report covers activities from 0500 4/02/03 to 0500 4/03/03 Total Kuwait Production 2,396,637 KOC Proper: South East: 1,297,905 West: 361,983 North: 419,892 Total: 2,079,780 Wafra Joint Operations: R/B to KOC 140,637 R/B to KNPC 0 R/B to SAT 0 R/B total 140,637 Eocene 37,720 KGOC: Khafji 119,500 Hout 19,000 KEC Receipt 2,207,378 (API 30.6, Salt PTB 18.5) KEC Stock 5,766,077 KEC Ullage 8,427,654 (End Report) 3.(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