Asset Report
Gharraf
Report summary
The Gharraf oil field is located 220 kilometres south of Baghdad, in Iraq's Dhi Qar province. It was discovered in the mid-1980s, but development did not start until a technical service contract (TSC) was awarded to a consortium led by Petronas Carigali in 2010. Phase 1 was put on production in August 2013. It quickly ramped up and averaged 103,000 b/d in 2016. The second phase of development was approved in April 2018. The agreed-upon production plateau target is 230,000 b/d by 2025. ...
Table of contents
- Key facts
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Summary and key issues
- Summary
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Key issues
- Issues common to the southern Iraq oil developments
- Issues specific to Gharraf
- Location maps
- Participation
- Geology
- Well data
- Exploration
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Reserves and resources
- Oil
- Gas and NGLs
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Production
- Oil
- Gas
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Development
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Key development metrics
- Wells
- Central processing facilities
- Gas
- Heavy oil transportation system
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Background information
- Oil
- Gas
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Historical development plans
- Oil
- Gas
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Key development metrics
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Infrastructure
- Storage facilities
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Costs
- Capital costs
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Sales contracts
- Basrah Light
- Basrah Heavy
- Basrah Medium
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Fiscal and regulatory
- Signature bonus
- Training fee
- Service fees
- Petroleum costs
- Remuneration fees
- Performance factor
- Corporation tax
- State carry
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Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Global Economic Model (GEM) file
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Economic analysis
- Cash flow
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Infrastructure: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Costs: Table 1
- Costs: Table 2
- Operating costs
- Fiscal and regulatory: Table 1
- Economic analysis: Table 1
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
What's included
This report contains:
