Akkas is a producing conventional gas field located onshore Iraq and is operated by North Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Akkas Contract Area. Buy the profile here.
Field participation details
The field is owned by Ministry of Oil and Iraq.
Production from Akkas
The Akkas conventional gas field with peak production expected in 2030. The peak production will approximately 12.16 thousand bpd of crude oil and condensate and 400.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056.
Remaining recoverable reserves
The field is expected to recover 495.43 Mmboe, comprised of 13.54 Mmbbl of crude oil & condensate and 2,891.30 bcf of natural gas reserves. Akkas conventional gas field reserves accounts 0.17% of total remaining reserves of producing conventional gas fields globally.
About North Oil
North Oil Company (North Co) 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. The company’s Al-Shaheen oil field is located in Qatari waters 80 kilometers north of Ras Laffan. North Co operates through pump stations, process units, oil tank fields, degassing stations, gas compressor stations, water treatments plants, electric generation stations and other oil wells. It supplies crude oil to Iraqi refineries. NOC is headquartered in Kirkuk, Iraq.
For more details on the Akkas Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
