Asset Report
Greater Kirkuk Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Kirkuk fields are in the Kirkuk province in northern Iraq and consist of Kirkuk Avanah, Kirkuk Baba, Bai Hassan, Khabbaz and Jambur. These fields were discovered between the 1920s and 1970s by the Iraq Petroleum Company, a historical in which BP held an equity interest. Until February 2025, they were under the full ownership and operatorship of the North Oil Company (NOC), a state-owned company under the Iraqi Ministry of Oil. In February 2025, Iraq awarded BP a contract to rehabilitate and redevelop the Kirkuk fields. This report presents our commercial base case for the redevelopment project starting in 2025. For historical development and production, please refer to the ‘North Oil Company operated assets’ report.
Table of contents
- Summary
- Key Issues
- Contractual term
- Post Contract
- Historical
-
Geology
- Field structure
- Main reservoirs
- Shiranish formation
- Qamchuqa formation
- Khasib formation
- Jeribe formation
- Other reservoirs
- Oil
- Gas and NGLs
- Historical
-
Current
- Oil
- Gas and NGLs
- Sulphur
- Emissions
- Wells
- Processing facilities
- Background information
- Oil
- 1 more item(s)...
- Capital costs
-
Operating costs
- Royalty
- Cost Recovery
- Remuneration
- Corporate income tax
- Cash flow
- Global Economic Model (GEM) file
- Discount rate and date
- Inflation rate
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Participation
-
Reserves (2P) at 01/01/2026Table: Capital CostsTable: Operating CostsHydrocarbon CharacteristicsReservoir CharacteristicsTable: Well DataProduction (2026-2035)Kirkuk Fields (Baseline)Kirkuk Fields (DPC)
- 23 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Greater Kirkuk Area
The Kirkuk fields are in the Kirkuk province in northern Iraq and consist of Kirkuk Avanah, Kirkuk Baba, Bai Hassan, Khabbaz and ...
$3,720
Asset Report
Greater Kittiwake Area
The Kittiwake, Mallard, Gadwall, Goosander and Grouse oil and gas fields are collectively known as the Greater Kittiwake Area (GKA).The ...
$3,720
Asset Report
Kurdamir Development Area
The Kurdamir Development Area is located in the southern part of the Kurdistan Region of Iraq (KRI).
$3,720
