Taq Taq is a producing conventional oil field located onshore Iraq and is operated by Taq Taq Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Taq Taq Block. Buy the profile here.
Field participation details
The field is owned by China Petrochemical, Genel Energy and Kurdistan Regional Government.
Production from Taq Taq
The Taq Taq conventional oil field recovered 98.64% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 116.03 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 3.29 Mmboe, comprised of 3.29 Mmbbl of crude oil & condensate.
For more details on the Taq Taq Conventional Oil 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.
