Asset Report

Kish Phase 1

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The National Iranian Oil Company (NIOC) discovered the giant Kish gas field in 2006. Located beneath Kish Island in the Persian/Arabian Gulf, this field holds approximately 40 tcf of recoverable gas resources. In 2007, NIOC signed an initial contract worth US$2.2 billion with the Petroleum Engineering and Development Company (PEDEC). This agreement tasked PEDEC with developing the field in three phases over 48 months.The first phase aimed to produce 1 bcfd of gas and 11,000 b/d of ...

Table of contents

  • Summary
    • Concession terms
    • Government priority production
    • Income tax
    • Capital and operating costs
    • Depreciation
  • Cash flow
  • Condensate price
  • Global Economic Model (GEM) file
  • Cash Flow
  • Indicative Technical Valuations

Tables and charts

This report includes the following images and tables:

    Index mapDetail mapParticipation
    Reserves (2P) at 01/01/2026Production (2025-2034)Production profilePipeline summaryCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)Annual domestic gas pricesCash Flow (US$)
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Kish Phase 1

    XLS 659.00 KB

  • Document

    Kish Phase 1

    PDF 2.69 MB