KUWAIT OIL SITREP 3/17/03

C O N F I D E N T I A L KUWAIT 000965 SIPDIS STATE 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, X6 TAGS: EPET KU SUBJECT: KUWAIT OIL SITREP 3/17/03 REF: KUWAIT 918 AND PREVIOUS Classified By: DCM Frank Urbancic for reasons 1.5 (b) and (D) 1.(C) Following is complete, unedited data set received from Kuwait Petroleum Corporation afternoon of 3/17/03. Explanatory comments follow at para 2. Begin Report Kuwait Petroleum Corporation Daily Crude Production All figures in bbls This report covers activities from 0500 3/16/03 to 0500 3/17/00 Total Kuwait Production 2,438,819 KOC Proper: South East: 1,373,889 West: 322,812 North: 423,342 Total: 2,120,043 Wafra Joint Operations: R/B to KOC 114,272 R/B to KNPC 18,004 R/B to SAT 0 R/B total 132,276 Eocene 33,500 KGOC: Khafji 132,500 Hout 20,500 KEC Receipt 2,233,824 (API 30.9, Salt PTB 24.3) KEC Stock 4,502,279 KEC Ullage 9,691,452 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 appears to refer to pounds of salt per thousand barrels of crude oil; however, a senior KPC official tells us the 'T' is extraneous and the term refers to 'parts per billion.' ¶3. (SBU) NOTE: Post intends to distribute 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