Asset Report
Zubair
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Zubair is located 20 kilometres southwest of the city of Basrah in southern Iraq. The field was one of a handful of giant oil discoveries made in southern Iraq in the late 1940s and early 1950s. It was the first of these fields to be discovered and the first to be put onstream in 1951. Zubair's production has since been surpassed by the larger Rumaila, West Qurna 1 and West Qurna 2. In 2010, Eni, KOGAS and Occidental Petroleum signed a Technical Service Contract (TSC) to develop the ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
-
Key issues
- Issues common to the southern Iraq oil developments
- Issues specific to Zubair
- Location maps
-
Participation
- Technical Service Contract (2009)
- Post contract
-
Geology
- Primary reservoirs: Zubair and Mishrif formations
-
Undeveloped reservoirs
- Lower Fars Formation
- Yamama Formation
- Well data
- Exploration
-
Reserves and resources
- Oil
- Gas
- Condensate
-
Production
- Oil
- Gas
- Emissions
-
Development
- Key Development Metrics
-
Background information
- Pre 2010
- Technical Service Contract
- Water Injection
-
Infrastructure
- Oil
- Gas
-
Costs
- Capital costs
- Operating costs
-
Sales contracts
- Basrah Light
- Basrah Medium
- Basrah Heavy
-
Fiscal and regulatory
- Signing bonus
- Training fees
- Service fees
- Costs
- Remuneration fees
- Performance factor
- Corporation tax
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
-
Economic analysis
- Cash flow
Tables and charts
This report includes 22 images and tables including:
- Key facts: Table 1
- Index Map
- Detail Map
- Well data: Table 1
- Participation: Table 1
- Geology: Table 1
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Zubair Production Profile
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Zubair TSC 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 01/01/2025
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2025)
- Remaining PV Price Sensitivities
What's included
This report contains:
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