Asset Report
Sarsang Development Area
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.A field development plan was ...
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 Sarsang Development Area
- Location maps
-
Participation
- Historical Participation
- Geology
- Well data
- Exploration
-
Reserves and resources
- Oil
- Gas
-
Production
- Emissions
-
Development
- Key Development Metrics
- Phase 1 wells
- Phase 2 wells
- Processing facilities
- Background information
- Infrastructure
-
Costs
- Exploration costs
-
Fiscal and regulatory
- Signature bonus
- Carried costs
- Royalty
- Cost recovery
- Profit oil / gas
- Bonus payments
- Capacity building payment
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
-
Economic analysis
- Indicative technical valuations
Tables and charts
This report includes 27 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Geology: Table 1
- Well data: Table 1
- Production: Table 1
- Production: Table 2
- 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 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production Profile
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
- Economic analysis: Table 4
What's included
This report contains:
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