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Block 9: Development Commencing on a Key

Asset

Potentially Low Risk Development Play

Faihaa Field

Source: GCA report.

Large reserves and resource base already identified

;

over 2.5 bnboe 2P+2C discovered

Production has commenced, providing early cash flow

and reservoir understanding

Onshore assets, near existing evacuation facilities

Knowledge of wells and structural features from

nearby IOC/NOC operated fields

Same producing zones – Yamama and Mishrif

Secondary recovery techniques such as water and gas

injection may be available, subject to approval and

sufficient capex

Multiple precedents on similar fields in the

region demonstrated recovery factors between

30-40%

Kuwait Energy Full Field Development Plan targeting the

full 2P+2C resource base

15

FH-1

FH-2

FH-3

Proposed pipelines

to Bin Umar