Asset Report
Iraq Southeast Turkey Foldbelt exploration basin
Report summary
The asset report for the Iraq Southeast Turkey Foldbelt basin has been archived. There has been no exploration drilling since 2018 and the last discovery in the basin was in 2015. Lack of payments to IOCs for exports and the low oil price has forced companies to stall capital investments and delay exploration commitments. The report below details the historic exploration performance only. A comprehensive update will be carried out if and when activity necessitates it.
Table of contents
- Key issues include:
- Wells drilled
- Basin success rates
- Volumes discovered
- TYP economics
Tables and charts
This report includes 19 images and tables including:
- Key play characteristics
- Exploration wells by play
- Drilling activity by well type
- Cumulative exploration wells by play
- Discoveries and success rates
- Discoveries by licence year and drilling year
- Licensed exploration acreage
- Expiry forecast of current licences
- Basin creaming curve
- Key basin data
- Volumes discovered by year
- Average discovery size and volume per well by year
- Top discoveries (TYP period)
- Cumulative discoveries by play
- Cumulative volumes discovered by play
- Exploration and appraisal spend
- Exploration spend per well
- Value creation, spend and volume discovered
- Returns by drilling year
What's included
This report contains:
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