Asset report
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9 Pages

Tuba


Tuba

Report summary

The Tuba field is situated in southern Iraq, between the Rumaila and Zubair fields and was discovered in 1959 by the Basra Petroleum Company. It has since been held under the control of the Ministry of Oil via various subsidiary companies. Tuba is still under state control, currently operated by the South Oil Company (SOC). The field was not included in Iraq's 2009 petroleum licensing rounds and the Oil Ministry's development plans are uncertain. The state-run SOC initiated a partial-development project, and production started in 2009 at around 10,000 b/d. Although the production facilities have a processing capacity of 50,000 b/d, the field is unlikely to be able to achieve production at this level. Bottlenecks in infrastructure and increases in production at neighbouring fields mean that production at Tuba will remain constrained for the foreseeable future.

What's included?

This report includes 2 file(s)

  • Tuba PDF - 579.14 KB 9 Pages, 9 Tables, 3 Figures
  • Tuba XLS - 365.00 KB

Description

Lower oil prices and a call for increased returns from shareholders has caused a subtle shift to occur in the upstream oil and gas industry. This shift is increasing investment opportunities and driving capital discipline.

In this Upstream Oil and Gas Field report you'll find information about participation, exploration, geology, reserves, production, infrastructure, cost, economics and much more.

For potential investors, governments and companies in the oil and gas sector, this report provides an understanding of critical issues at the field level. It will help give you a commercial view of the field and recognise potential benefits and risks.

Wood Mackenzie has over 40 years of experience in commercial analysis and field valuations. Our analysts produce forward-looking analyses, backed by our robust proprietary database of trusted research.

Covering more than 105 countries, we are the recognised gold standard in commercial data and analysis.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
    • Foreign company interest
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
    • Storage facilities
  • Sales contracts
  • Fiscal and regulatory

In this report there are 12 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Index Map
    • Tuba
  • Participation
    • Participation: Table 1
  • Geology
    • Geology: Table 1
  • Well data
    • Well data: Table 1
  • Exploration
  • Reserves and resources
    • Reserves and resources: Table 1
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Tuba Production Profile
  • Development
  • Infrastructure
    • Infrastructure: Table 1
  • Sales contracts
  • Fiscal and regulatory
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Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

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