Asset Report
Faihaa (Block 9)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Block 9 is located in southern Iraq, 25 kilometres north of Basra, on the border with Iran. The Faihaa oil field was discovered by a consortium led by Kuwait Energy in September 2014. It is an extension of Iran's giant Yadavaran field and was the first discovery from Iraq's 2012 exploration round. The well tested oil in both the Mishrif and Yamama formations and was hooked-up to a temporary processing facility and brought onstream in October 2015. The facility has a capacity of ...
Table of contents
- Summary
-
Key Issues
- Issues common to the southern Iraq oil developments
- Issues specific to Faihaa
- Emissions
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Early development phase
- Wells
- Processing facilities
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Yamama full field development
- Front End Engineering Design (FEED)
- Wells
- Processing facilities
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Mishrif reservoir development
- Wells
- Processing facilities
- Exploration costs
- Capital costs
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Operating costs
- Basrah Light
- Basrah Medium
- Signature bonus
- Training fee
- Infrastructure fund
- Service fees
- Cost oil
- Remuneration fees
- 1 more item(s)...
- Cash flow
- Condensate Price
- LPG Price
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
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Exploration Costs 2016 to 2024 (US$ million)Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)
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Indicative Technical ValuationsIndex MapFaihaa MapParticipationReservoir CharacteristicsReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)
- 9 more item(s)...
What's included
This report contains:
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