Asset Report
Taq Taq
Report summary
Taq Taq is an oil field located in the Kurdistan Region of Iraq, around 55 kilometres to the northeast of Kirkuk. The field is a surface anticline which produces from Middle-to-Upper Cretaceous reservoirs, which contain a light, sweet, under-saturated oil with low levels of associated gas. Taq Taq is one of three fields that have underpinned Kurdistan's oil production growth over the past decade. The others being Khurmala Dome and Tawke. Taq Taq production started in 2007 and ramped up ...
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 Taq Taq development
- Location maps
- Participation
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Geology
- Shiranish
- Kometan
- Qamchuga
- Pila Spi
- Well data
-
Exploration
- Discovery
- Appraisal drilling
- Reserves and resources
- Production
- Development
- Infrastructure
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Costs
- Operating costs
- Sales contracts
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Fiscal and regulatory
- Royalty
- Cost recovery
- Depreciation
- Profit oil
- Bonus payments
- Capacity Building Payments (Genel Energy / Addax)
- Profit-sharing agreement (Addax / Genel Energy)
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Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 25 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Participation: Table 1
- Geology: Table 1
- Geology: Table 2
- Well data: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Production Profile
- Infrastructure: Table 1
- Capital costs
- Costs: Table 2
- 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
- Costs: Table 3
- Fiscal and regulatory: Table 1
- Fiscal and regulatory: Table 2
What's included
This report contains:
