Asset Report
West Qurna 2
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The West Qurna/Rumaila structure, located in Basra province, is one of the largest oil fields in the world, second only to Saudi Arabia's Ghawar field. West Qurna's development has been split into two parts: ExxonMobil-operated West Qurna 1, which is the area south of the Euphrates; and West Qurna 2, the area to the north.Iraq tendered a technical service contract (TSC) to develop West Qurna 2 in December 2009 through the Oil Ministry's second petroleum licensing round. The ...
Table of contents
- Summary
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Key Issues
- Issues common to the southern oil developments
- Issues specific to West Qurna 2
- Technical Service Contract
- 1997 PSC
- Mishrif formation
- Yamama formation
- Sadi formation
- Zubair formation
- 7 more item(s)...
- Emissions
- Key development metrics
- Pre-2010
- TSC development plan
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Phase one (Mishrif early oil)
- Wells
- Processing facilities
- Water Injection
- Infrastructure
- Supplier information
- Flaring
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Phase two (Mishrif expansion)
- Wells
- Water Injection
- Processing facilities
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Phase two (Yamama expansion)
- Wells
- Water Injection
- Processing facilities
- Infrastructure
- Supplier information
- Capital costs
- Operating costs
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Crude oil
- Basrah Light
- Basrah Heavy
- Basrah Medium
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Sales Gas
- Signature bonus
- Training fee
- Service fees
- Cost oil
- Remuneration fees
- Performance factor
- Corporation tax
- Cash flow
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
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Indicative Technical ValuationsIndex mapDetail map
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Technical Service ContractReservoir characteristicsExploration and appraisal wellsReserves (2P) at 01/01/2026Production (2015-2024)West Qurna 2West Qurna 2-YamamaPipeline SummaryCapital Costs Pre-2016 to 2024 (US$ million)
- 15 more item(s)...
What's included
This report contains:
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