Sarqala Development Area
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Report summary
The Sarqala field is located in the Zagros Foldbelt of the Kurdistan Region of Iraq, approximately 100 kilometres southeast of Kirkuk.It was discovered by WesternZagros with the sidetrack of Sarqala-1 in April 2011. Gazprom Neft took an interest in the block in August 2012, and a declaration of commerciality was submitted for both fields in December 2013. All other block acreage was relinquished. A field development plan was submitted in August 2014, and is awaiting approval from the Kurdistan Regional Government.
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Issues common to oil developments in the Kurdistan Region of Iraq
- Issues specific to the Sarqala development
- Location maps
- Participation
- Geology
- Well data
- Exploration
- Reserves and resources
- Production
-
Development
- Key Development Metrics
- Wells
- Processing facilities
- Background information
- Infrastructure
-
Costs
- Exploration costs
- Capital costs
- Operating costs
- Sales contracts
-
Fiscal and regulatory
- Signature Bonus
- Royalty
- Cost Recovery
- Depreciation
- Profit Oil
- Bonus payments
- Capacity Building Payments (WesternZagros)
- State costs
-
Economic assumptions
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 26 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2019
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2019)
- Remaining PV Price Sensitivities
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
What's included
This report contains:
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