Name: Sarqala Development Area
Brand: Wood Mackenzie
SKU: 38622
Price: 3720 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Asset Report 25 July 2025

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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. Gazpromneft took an interest in the block in August 2012. A declaration of commerciality was submitted in December 2013 and a field development plan was submitted in August 2014. This was approved by the Kurdistan Regional Government (KRG) in May 2016.

Summary
Key Issues
- Issues common to oil developments in the Kurdistan Region of Iraq
- Issues specific to the Sarqala development
- Key Development Metrics
- Wells
- Processing facilities
- Supplier information
- Background information
Exploration costs
Capital costs
Operating costs
Signature bonus
Royalty
Cost recovery
Depreciation
Profit oil
Bonus payments
Capacity Building Payments
5 more item(s)...