Asset Report
Qaiyarah and Najmah
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Qaiyarah and Najmah fields are located in Iraq's Nineveh province, approximately 20 kilometres south of the city of Mosul and 70 kilometres west of the Kirkuk field. Qaiyarah has been producing heavy oil since the 1930s, whereas Najmah remains undeveloped. The fields were tendered under two separate contracts in Iraq's second petroleum licence round in December 2009. Angola's national oil company, Sonangol, secured the development rights, agreeing to a maximum remuneration ...
Table of contents
- Summary
-
Key Issues
- Issues common to the northern Iraq oil developments
- Issues specific to Qaiyarah and Najmah
- Key development metrics
- Wells
- Processing facilities
- Capital costs
-
Operating costs (TSC)
- Signing bonus
- Service fees
- Cost oil
- Remuneration fees
- Performance factor
- Corporation tax
- Cash flow
- Global Economic Model (GEM) files
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
-
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 SensitivitiesSub-commercial fieldsIndex mapDetail map
- 9 more item(s)...
What's included
This report contains:
