Asset Report

Pearl Petroleum

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Pearl Petroleum operates the giant liquids-rich non-associated Khor Mor gas field, located 140 kilometres southeast of Erbil, in the Kurdistan Region of Iraq (KRI). The field was put on production for a short time in 1990 by North Oil Company to supply gas to the country's north gas network. Production ceased during the 1991 Gulf War. It remained shut-in until its re-development in 2008. Pearl Petroleum also holds Chemchemal, a giant undeveloped gas field located 90 kilometres southeast ...

Table of contents

  • Summary
    • Issues common to gas developments in the Kurdistan Region of Iraq
    • Issues specific to the Pearl Petroleum
    • 2007 service contract
    • 2017 settlement
    • Historical
    • Jeribe formation
    • Euphrates formation
  • Chemchemal
  • Emissions
    • Wells
    • Phase 1
    • Phase 2
    • Processing facilities
    • Phase 1
    • Phase 2
  • Initial development
    • Capital costs
    • Operating costs
  • Royalty
  • Remuneration fee
  • Cost recovery
  • Profit petroleum
  • 8 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Reserves (2P) at 01/01/2026
  • Contingent Resources (2C) at 01/01/2026
  • Production (2015-2024)
  • Khor Mor Production Profile
  • Pipeline Summary
  • 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
  • 9 more item(s)...

What's included

This report contains:

  • Document

    Pearl Petroleum

    XLS 830.00 KB

  • Document

    Pearl Petroleum

    PDF 3.14 MB