Asset Report
Akkas
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Akkas is a gas field located in Iraq's western desert in the Anbar province, 30 kilometres from the Syrian border. The field covers a large surface area of around 360 km2 but with only around 20 metres of net gas pay. Several appraisal wells were drilled between 2002 and 2003 testing gas and condensate. Gas in place is estimated at around 5.6 tcf, held predominantly within the Ordovician Khabour sandstone reservoir.The Akkas gas field started producing in August 2022. It was brought ...
Table of contents
- Summary
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Key Issues
- Issues common to Federal Iraq's gas developments
- Key issues specific to Akkas
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Terrorism
- Gas
- Condensate
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Emissions
- Key Development Metrics
- Wells
- Processing facilities
- Capital costs
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Operating costs
- Cost Recovery
- Remuneration
- Performance Factor
- Corporate income tax
- Contract term
- Training fees
- Cash flow
- Discount rate and date
- 5 more item(s)...
- Cash Flow
Tables and charts
This report includes the following images and tables:
- Reserves (2P) at 01/01/2026
- Capital Costs Pre-2016 to 2024 (US$ million)
- Operating Costs 2024 to 2033 (US$ million)
- Cash Flow (US$)
- PV Table (US$)
- Summary Table (US$)
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2026
- Remaining PV Price Sensitivities
- Index Map
- Detail Map
- 7 more item(s)...
What's included
This report contains:
