Kuwait Energy
EL-12-211107
10
TABLE 0.4
SUMMARY OF GAS RESERVES
AS AT 31
st
MAY, 2014
Field or Block Status
Gross Field Gas Reserves
(Bscf)
KE WI
(%)
Net Entitlement Gas Reserves
(Bscf)
Proved Proved +
Probable
Proved +
Probable
+
Possible
Proved Proved +
Probable
Proved +
Probable
+ Possible
Abu Sennan
(Egypt)
Dev
0.0
0.0
0.0
50.00
0.0
0.0
0.0
Undev
0.0
8.4
27.2
0.0
2.5
9.6
Total
0.0
8.4
27.2
0.0
2.5
9.6
Siba (Iraq)
Dev
0.0
0.0
0.0
45.0
0.0
0.0
0.0
Undev
284.1
565.0
585.8
31.9
38.5
37.3
Total
284.1
565.0
585.8
31.9
38.5
37.3
Mansuriya
(Iraq)
Dev
0.0
0.0
0.0
22.5
0.0
0.0
0.0
Undev
1,266.9 1,650.9 1,693.3
86.6
77.3
74.6
Total
1,266.9 1,650.9 1,693.3
86.6
77.3
74.6
Total
Dev
0.0
0.0
0.0
n/a
0.0
0.0
0.0
Undev
1,551.1 2,224.4 2,306.3
118.5
118.3
121.5
Total
1,551.1 2,224.4 2,306.3
118.5
118.3
121.5
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 GDPSC or PSC
that governs each asset.
3.
Net Entitlement Gas Reserves are lower in the 3P case than in the 2P case for Siba and Mansuriya,
and also lower in the 2P case than in the 1P case for Mansuriya, because in cases with higher CGR,
a lower proportion of cost recovery is attributed to Net Entitlement Gas Reserves and a higher
proportion to Net Entitlement Condensate Reserves.
4.
Totals may not exactly equal the sum of the individual entries due to rounding.
