Name: Al Furat Production Company (AFPC) operated assets
Brand: Wood Mackenzie
SKU: 38043
Price: 3720 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Asset Report 07 October 2025

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
            <p class="mega push--bottom store_landing__body">
                <div>
The Al Furat Production Company (AFPC) is a joint venture (JV) between the Syrian Petroleum Company, Shell, CNPC and ONGC. The JV operated in the Deir Ez Zor region of Syria, close to the River Euphrates (Al Furat), bordering Iraq. It had five discrete areas with more than 30 mature oil fields of varying size. Oil production started in 1985, reaching a peak of 400,000 b/d in 1994. By 2010, prior to the conflict escalating, production declined to around 100,000 b/d. Following the outbreak of the civil war in 2011, we understand the fields are now controlled Syrian Democratic Forces (SDF), which produce oil from some of the fields at a reduced capacity.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Summary
    </li>

<li class="list__item-toggle">
        <a href="#e9135f84-f907-458d-a152-c84d33907d60" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="e9135f84-f907-458d-a152-c84d33907d60" aria-expanded="false">
            Key Issues
        </a>
        <ul id="e9135f84-f907-458d-a152-c84d33907d60" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Structure
    </li>
    <li class="push-quarter--bottom">
        Reservoirs
    </li>
    <li class="push-quarter--bottom">
        Thayyem central production facility
    </li>
    <li class="push-quarter--bottom">
        Al Ward North central production facility
    </li>
    <li class="push-quarter--bottom">
        Omar central production facility
    </li>
    <li class="push-quarter--bottom">
        Omar gas facility
    </li>
    <li class="push-quarter--bottom">
        Power plant
    </li>
    <li class="push-quarter--bottom">
        Enhanced oil recovery
    </li>

<li class="list__item-toggle font-semibold">
        Capital costs
    </li>

<li class="list__item-toggle">
        <a href="#74e2fb0f-cf3b-40a0-a15f-01c0e4c85a83" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="74e2fb0f-cf3b-40a0-a15f-01c0e4c85a83" aria-expanded="false">
            Operating costs
        </a>
        <ul id="74e2fb0f-cf3b-40a0-a15f-01c0e4c85a83" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Royalty
    </li>
    <li class="push-quarter--bottom">
        Cost recovery
    </li>
    <li class="push-quarter--bottom">
        Profit oil and gas
    </li>

</ul>
    </li>

<li class="list__item-toggle font-semibold">
        Income tax
    </li>

<li class="list__item-toggle">
        <a href="#23221257-abf7-4e6b-a3c3-6529443452b0" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="23221257-abf7-4e6b-a3c3-6529443452b0" aria-expanded="false">
            Bonuses
        </a>
        <ul id="23221257-abf7-4e6b-a3c3-6529443452b0" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Signature bonus
    </li>
    <li class="push-quarter--bottom">
        Production bonuses
    </li>
    <li class="push-quarter--bottom">
        Depreciation
    </li>
    <li class="push-quarter--bottom">
        Sunk costs
    </li>

</ul>
    </li>

<li class="list__item-toggle font-semibold">
        Gas price
    </li>

<li class="list__item-toggle">
        <a href="#9bec23a1-e443-4135-91a3-72bb8c57ceed" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="9bec23a1-e443-4135-91a3-72bb8c57ceed" aria-expanded="false">
            Global Economic Model (GEM) files
        </a>
        <ul id="9bec23a1-e443-4135-91a3-72bb8c57ceed" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Annex IV fields
    </li>
    <li class="push-quarter--bottom">
        Ash Sham fields
    </li>
    <li class="push-quarter--bottom">
        Deep and lateral fields
    </li>
    <li class="push-quarter--bottom">
        Deir ez Zor fields
    </li>
    <li class="push-quarter--bottom">
        Gas utilisation project
    </li>

</ul>
    </li>

</ul>

</div>
                <div class="col small-12 large-4 push--bottom">

<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Index Map</li><li class="list__item push-quarter--bottom">Detail Map - AFPC Operated Areas</li><li class="list__item push-quarter--bottom">Participation</li>
     </ul>
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            View more tables and charts in this report
        </button>
        <ul class="list list--bullets panel-toggle" id="09394a5174e74996b5e8152921728335">
            <li class="list__item push-quarter--bottom">Gas Utilisation Project Participation</li><li class="list__item push-quarter--bottom">Capital Costs Pre-2016 to 2024 (US$ million)</li><li class="list__item push-quarter--bottom">Operating Costs 2024 to 2033 (US$ million)</li><li class="list__item push-quarter--bottom">Annual gas prices</li><li class="list__item push-quarter--bottom">Reservoir Characteristics</li><li class="list__item push-quarter--bottom">Discovery Wells</li><li class="list__item push-quarter--bottom">Reserves (2P) at 01/01/2025</li><li class="list__item push-quarter--bottom">Production (2015-2024)</li><li class="list__item push-quarter--bottom">Annex IV Contract Area production profile</li>
                <li>35 more item(s)...</li>
        </ul>
        
    </div>

</div>

<div class="col small-12 large-4 push--bottom">
                    
<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Al Furat Production Company (AFPC) operated assets</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>1.73 MB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Al Furat Production Company (AFPC) operated assets</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>3.65 MB</span>
</p>
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