KUWAIT OIL SITREP 3/18/03

C O N F I D E N T I A L KUWAIT 000978 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 3/18/03 REF: KUWAIT 965 AND PREVIOUS Classified By: DCM Frank Urbancic for reasons 1.5 (b) and (D) 1.(C) Following is unedited data set received from Kuwait Petroleum Corporation afternoon of 3/18/03. Explanatory comments follow at para 2. Begin Report Kuwait Petroleum Corporation Daily Crude Production All figures in bbls This report covers activities from 0500 3/17/03 to 0500 3/18/00 Total Kuwait Production 2,425,035 KOC Proper: South East: 1,358,035 West: 322,252 North: 422,018 Total: 2,102,305 Wafra Joint Operations: R/B to KOC 118,790 R/B to KNPC 18,000 R/B to SAT 51 R/B total 136,841 Eocene 40,761 KGOC: Khafji 125,500 Hout 20,000 KEC Receipt 2,216,242 (API 30.8, Salt PTB 20.8) KEC Stock 5,203,314 KEC Ullage 8,990,417 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 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