Asset Report

Kurdamir Development Area

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The Kurdamir Development Area is located in the southern part of the Kurdistan Region of Iraq (KRI), about 90 kilometres southeast of Kirkuk.Three appraisal wells have been drilled at the field, confirming the presence of a large natural gas cap with a significant oil leg beneath it. Oil has been encountered in the Oligocene, Eocene and Cretaceous reservoirs. The field's 2C resources are estimated at 420 million barrels of oil, 55 million barrels of condensate and 1.8 tcf of gas.A ...

Table of contents

  • Summary
    • Issues common to oil developments in the Kurdistan Region of Iraq
    • Issues specific to Kurdamir
  • Capital costs
  • Operating costs
  • Signature bonus
  • Royalty
  • Cost recovery
  • Depreciation
  • Profit oil and gas
  • Bonus Payment
  • Capacity building payments
  • Cash flow
  • 4 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Capital Costs 2025 to Post-2033 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2026
  • Remaining PV Price Sensitivities
  • 11 more item(s)...

What's included

This report contains:

  • Document

    Kurdamir Development Area

    XLS 925.00 KB

  • Document

    Kurdamir Development Area

    PDF 3.13 MB