TFIZ01: KUWAIT OIL UPDATE -- APRIL 04, 2003

C O N F I D E N T I A L KUWAIT 001232 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 04, 2003 REF: KUWAIT 1227 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 4, ¶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 04/03/03 to 0500 04/04/03 Total Kuwait Production 2,373,025 KOC Proper: South East: 1,287,895 West: 355,075 North: 410,459 Total: 2,053,429 Wafra Joint Operations: R/B to KOC 149,323 R/B to KNPC 0 R/B to SAT 296 R/B total 149,619 Eocene 33,478 KGOC: Khafji 118,000 Hout 18,500 KEC Receipt 2,196,807 (API 30.6, Salt PTB 9.3) KEC Stock 4,496,170 KEC Ullage 9,697,561 (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