Asset Report
Taq Taq
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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
- Summary
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Key Issues
- Issues common to oil developments in the Kurdistan Region of Iraq
- Issues specific to the Taq Taq development
- Shiranish
- Kometan
- Qamchuga
- Pila Spi
- Discovery
- Appraisal drilling
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Emissions
- Key Development Metrics
- Processing facilities
- Capital costs
- Operating costs
- Royalty
- Cost recovery
- Depreciation
- Profit oil
- Bonus payments
- Capacity Building Payments (Genel Energy / Addax)
- Profit-sharing agreement (Addax / Genel Energy)
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
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Capital Costs Pre-2016 to 2024 (US$ million)Operating Costs 2019 to 2023 (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 SensitivitiesIndex MapDetail Map
- 9 more item(s)...
What's included
This report contains:
