Asset Report
Kurdamir Development Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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, confirming a sizeable hydrocarbon accumulation characterised by a large natural gas cap overlying a substantial oil leg. Oil has been encountered across multiple reservoir intervals, including the Oligocene, Eocene and Cretaceous formations. Gross 2C resources are estimated at approximately 420 million barrels of oil, 55 million barrels of condensate and 1.8 tcf of gas.
Table of contents
- Summary
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Key Issues
- Issues common to oil and gas 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
- 6 more item(s)...
Tables and charts
This report includes the following images and tables:
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Capital Costs 2028 to Post-2033 (US$ million)Operating Costs 2028 to 2033 (US$ million)
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Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price Sensitivities
- 10 more item(s)...
What's included
This report contains:
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