Asset Report
Sarta
Report summary
The Sarta oil field is located in the Kurdistan region of Iraq, 35 kilometres north of Erbil. The field is under-appraised, however an early development phase was approved in early 2019. Production started in November 2020 via leased processing facilities with a capacity of 20,000 b/d. The field is producing from three appraisal wells, while a fourth well was recompleted as a waste water injection well.At the same time as the early development approval, Chevron farmed-out a 30% stake to ...
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 Sarta development
- Location maps
- Participation
- Well data
- Reserves and resources
- Production
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Development
- Phase 1A pilot and appraisal
- Infrastructure
- Costs
-
Fiscal and regulatory
- Royalty
- Cost recovery
- Depreciation
- Profit oil
- Bonus payments
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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 24 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production: Table 2
- Production Profile
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- 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
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
- Economic analysis: Table 4
What's included
This report contains:
