Name: Baeshiqa Contract Area
Brand: Wood Mackenzie
SKU: 135648
Price: 3720 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Asset Report 18 April 2025

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Report summary

The Baeshiqa licence is located in the northern part of the Kurdistan Region of Iraq (KRI), approximately 60 kilometres northwest of Erbil.Exploration drilling began in 2019, resulting in two significant discoveries on the licence: Baeshiqa and Zartik. Flow testing from these discoveries yielded a total of 15,000 barrels of light and medium oil. The oil was then transported by trucks to Peshkabir, where it was fed into the Iraq-Turkey pipeline (ITP) and then shipped from Ceyhan to world ...

Summary
Key Issues
- Issues common to oil developments in the Kurdistan Region of Iraq
- Issues specific to Baeshiqa
Capital costs
Operating costs
Signature bonus
Royalty
Cost recovery
Depreciation
Profit oil
- Bonus payments
Cash flow
Global Economic Model (GEM) file
Cash Flow
1 more item(s)...