Asset report

Taq Taq

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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 produces a light crude from Cretaceous reservoirs and a heavy crude from the Pila Spi. A PSA was awarded to Genel Enerji later Genel Energy in 2002 and Addax joined in 2005. Production started under a PSA in 2008 and ramped up to a daily peak of over 142 000 b/d in Q1 2015. However a recent downgrade to reserves means that the full capacity of 150 000 b/d will not be used. The field is directly connected to the Kurdistan Export pipeline.

What's included

This report contains

  • Document

    Taq Taq

    PDF 8.26 MB

  • Document

    Taq Taq

    XLS 708.50 KB

  • Document

    Taq Taq

    ZIP 8.87 MB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
  • Costs
  • Sales contracts
  • Fiscal and regulatory
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 25 images and tables including:

Images

  • Index Map
  • Detail Map
  • Production Profile
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining PV Price Sensitivities

Tables

  • Key facts: Table 1
  • Participation: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Infrastructure: Table 1
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2

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