Asset Report

North Oil Company operated assets

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North Oil Company (NOC) operates several oil fields in the Kirkuk province. This report includes the Kirkuk, Bai Hassan, Jambur and Khabbaz fields. NOC was the 100% owner and operator of these fields for 38 years until February 2025, when it signed a redevelopment contract with BP for these fields, which is captured in a new report named 'Kirkuk redevelopment project'. The Ajil field, which was excluded from this deal, is still under NOC's control, and its development is ...

Table of contents

  • Summary
  • Key Issues
  • Field structure
    • Shiranish formation
    • Qamchuqa formation
    • Khasib formation
    • Euphrates formation
    • Jeribe formation
    • Other reservoirs
    • Kirkuk
    • Bai Hassan
    • 5 more item(s)...
    • Wells
    • Processing facilities
    • Oil
    • Gas
    • Pre-militant occupation export infrastructure
  • Capital Costs
    • Oil
    • Gas
  • Cash flow
  • LPG price
  • Gas price
  • Global Economic Model (GEM) file
  • 5 more item(s)...

Tables and charts

This report includes the following images and tables:

    Index MapDetail MapParticipation
    Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2024 to 2033 (US$ million)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
  • 30 more item(s)...

What's included

This report contains:

  • Document

    North Oil Company operated assets

    XLS 1.27 MB

  • Document

    North Oil Company operated assets

    PDF 4.29 MB