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November 30, 2021

Peshkabir Conventional Oil Field, Iraq

By Carmen

Peshkabir is a producing conventional oil field located onshore Iraq and is operated by DNO Iraq. The field is located in block Tawke.

An expansion project is associated with the Peshkabir, namely Peshkabir Development. This project is currently in the feasibility stage.

Field participation details

The field is owned by Genel Energy and DNO.


Production from Peshkabir

The Peshkabir conventional oil field recovered 49.67% of its total recoverable reserves, with peak production expected in 2021. The peak production was approximately 61.42 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 51.49 Mmboe, comprised of 51.49 Mmbbl of crude oil & condensate. Peshkabir conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Peshkabir conventional oil field

The key contractors involved in the Peshkabir project as follows.

Other Contractors: DeGolyer and MacNaughton

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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.

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