29
“The asset (Block 9) is adjacent to super
giant oil fields, largely de-risked and near
existing infrastructure.”
Sara Akbar, CEO
Production Summary
Asset
2013 Production
Daily WI average
(boepd)
2014 Production
Daily WI average
(boepd)
Percentage
Change
Abu Sennan
445
932
109%
BEA
882
1,142
29%
Area A
4,351
4,419
2%
ERQ
8,876
10,990
24%
Egypt Total
14,553
17,483
20%
Block 5
4,185
4,092
-2%
Block 43
532
365
-31%
Yemen Total
4,717
4,457
-6%
KSF – Oman
2,628
2,544
-3%
BC
(1)
246
82
-67%
NY
(1)
19
0
-100%
JAA 429
(1)
419
81
-81%
Ukraine Total
684
163
-76%
Luzskoye
(2)
778
604
-22%
Russia Total
778
604
-22%
Kuwait Energy Total
23,360
25,252
8%
1. Ukrainian assets sold April 2014.
2. Russian assets sold November 2014.
Kuwait Energy staff and contractors at the Block 9 site
Hashim Al-Adnani
Project Director Block 9
“Faihaa-1X exploration well is
considered a giant oil field by
world standards.”