Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 22, 2021

Kirkuk Conventional Oil Field, Iraq

By Carmen

Kirkuk is a producing conventional oil field located onshore Iraq and is operated by North Oil. The field is located in block Kirkuk Contract Area.

An expansion project is associated with the Kirkuk, namely Kirkuk Redevelopment. This project is currently in the feasibility stage.

Field participation details

The field is owned by Ministry of Oil and Iraq.


Production from Kirkuk

The Kirkuk conventional oil field recovered 98.04% of its total recoverable reserves, with peak production in 1974. The peak production was approximately 1,102.34 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 388.87 Mmboe, comprised of 388.87 Mmbbl of crude oil & condensate. Kirkuk conventional oil field reserves accounts 0.08% of total remaining reserves of producing conventional oil fields globally.


About North Oil

North Oil Company (NOC) is an oil and gas company that produces crude oil and natural gas from oil and gas fields. The company offers transportation, materials procurement and storage and workshop services. Its services include treatment of oil, separation and compression, research and quality control, and technical services. NOC operates through pump stations, process units, oil tank fields, degassing stations, gas compressor stations, water treatments plants, electric generation stations and other oil wells. The company’s oil wells are located in Erbil, Baghdad, Nineveh, Diyala and part of Hilla and Kut. It supplies crude oil to Iraqi refineries. NOC is headquartered in Kirkuk, Iraq.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU