Kuwait Energy
EL-12-211107
8
TABLE 0.2
SUMMARY OF OIL RESERVES
AS AT 31
st
MAY, 2014
Field or Block Status
Gross Field Oil Reserves
(MBbl)
KE
WI
(%)
Net Entitlement Oil Reserves
(MBbl)
Proved
Proved
+
Probable
Proved
+
Probable
+
Possible
Proved
Proved
+
Probable
Proved
+
Probable
+
Possible
Block 5
(Yemen)
Dev
25,559
28,905
33,263
15.00
1,241
1,371
1,538
Undev
1,974
6,167
8,688
129
288
385
Total
27,533
35,072
41,951
1,370
1,659
1,923
Block 43
(Yemen)
Dev
246
261
650
28.33
50
53
132
Undev
0
0
0
0
0
0
Total
246
261
650
50
53
132
Burg El Arab
(Egypt)
Dev
979
3,026
5,546
75.00
362
964
1,568
Undev
410
4,823
7,421
130
1,110
1,546
Total
1,389
7,849
12,967
492
2,074
3,114
Abu Sennan
(Egypt)
Dev
185
382
869
50.00
55
114
260
Undev
0
4,552
12,555
0
1,362
2,767
Total
185
4,933
13,424
55
1,476
3,027
East Ras
Qattara
(Egypt)
Dev
9,323
14,208
20,997
49.50
1,770
2,650
3,818
Undev
356
1,616
4,288
105
361
840
Total
9,679
15,824
25,285
1,875
3,011
4,658
Area A (Egypt)
Dev
3,888
6,093
15,092
70.00
845
1,347
3,380
Undev
0
9,585
12,616
0
1,973
3,325
Total
3,888
15,678
27,708
845
3,320
6,705
Total
Dev
40,180
52,875
76,417
n/a
4,323
6,499
10,696
Undev
2,740
26,743
45,568
364
5,094
8,862
Total
42,920
79,618
121,985
4,687
11,594
19,558
Notes:
1.
The above Reserve volumes are reported after being subjected to an ELT.
2.
Net Entitlement Reserves are KE’s net economic entitlement under the terms of the PSC/PSA or
Service contract that governs each asset.
3.
Totals may not exactly equal the sum of the individual entries due to rounding.
