18
19
Production Summary
Country
Asset
2011
Daily WI Average
(boepd)
2010
Daily WI Average
(boepd)
%
Change
Egypt
BEA
423
347
21.6%
Area A
4,210
4,386
(4.0%)
ERQ
3,896
3,421
13.9%
Total
8,529
8,154
4.6%
Ukraine
BC
378
570
(33.7%)
JAA 429
714
414
72.5%
Total
1,091
984
10.9%
Oman
KSF
2,825
2,757
2.5%
Yemen
Block 43
636
775
(17.9%)
Russia
Luzskoye
543
587
(7.5%)
Kuwait Energy Total
13,624*
13,258
2.8%
* 31
st
December, exit production 17,733 boepd
Kuwait Energy Year End 2011
Reserves & Resources
as at 31
st
December 2011
Classification Category
Kuwait Energy Reserves and Resources in mmboe
Working Interest
YE11-Net
Entitlement
YE10 Production
Exploration
Adds
Revisions Acq/Divest
YE11
Reserves
1P
8.1
(3.8)
5.7
1.8
79.4
91.4
22.3
2P
48.8
9.3
41.4
139.7
235.3 94.6
3P 129.8
15.5
105.8
157.2
404.5 228.7
Contingent
Resources
2C 32.0
0.0
11.0
0.0
43.0
Prospective
Resources
Best
212.1
0.0
53.6
0.0
265.7
Proven Organic Reserves Replacement Ratio (RRR) = 202%
Proven plus Probable Organic Reserves Replacement Ratio (RRR) = 1,349%
The artist chose reform
and reconstructs
the human figure in
order to urge a new
perception for many
thoughts that were
taken for granted.
Therefore, a new eye is
needed to perceive the
world while another
eye is needed to focus
in our inner world,
to re-evaluate our
thoughts and ethics.
This is exactly the
status of all innovators
who can change life
around them at the
moment of creativity.
Ziyad Ben Salama
Another
Perception