Asset Report
Bina Bawi
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Bina Bawi is a large undeveloped gas field located in the eastern part of the Kurdistan Region of Iraq (KRI), approximately 50 kilometres east of the capital Erbil. Currently, Bina Bawi remains without an operator. The field was discovered by OMV in 2007. Genel Energy assumed full operatorship in 2015 after acquiring OMV's stake. However, in December 2021, the Kurdistan Regional Government (KRG) terminated Genel's production sharing contracts (PSCs) for Bina Bawi and Miran, citing a lack of development progress.
Table of contents
- Summary
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Key Issues
- Key development metrics
- Royalty
- Cost recovery
- Profit oil/condensate
- Profit gas
- Bonus payments
- Capacity building payments
- Cash flow
- Discount rate and date
- Inflation rate
- Condensate price
- Gas price
- Indicative valuations
Tables and charts
This report includes the following images and tables:
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Index mapDetail mapParticipation
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Table: Well DataContingent Resources (2C) at 01/01/2026Sub-commercial Fields
What's included
This report contains:
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