Asset Report
Sarsang Development Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Sarsang block is located in northern Kurdistan, north of the Shaikan and Atrush oil fields. The Swara Tika field was discovered in March 2011. East Swara Tika was discovered on the block in April 2015. Swara Tika, the primary field, and East Swara Tika contain 340.3 million barrels of oil reserves. If resources at East Swara Tika are fully commercialised, the Sarsang Development Area could become Kurdistan's second largest by recoverable resources...
Table of contents
- Summary
-
Key Issues
- Issues common to oil developments in the Kurdistan Region of Iraq
- Issues specific to Sarsang Development Area
- Historical Participation
- Oil
- Gas
- Emissions
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Key Development Metrics
- Phase 1 wells
- Phase 2 wells
- Processing facilities
- Background information
- Exploration costs
- Capital costs
- Operating costs
- Signature bonus
- Carried costs
- Royalty
- Cost recovery
- Profit oil / gas
- Bonus payments
- 5 more item(s)...
Tables and charts
This report includes the following images and tables:
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Sarsang production profileCapital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2025 to 2029 (US$ million)
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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
- 11 more item(s)...
What's included
This report contains:
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