Shaikan oil field reserves
16 Jan 2014 Summary Information. Operator: Gulf Keystone; Country: Iraq; Location: Kurdistan Region of Iraq; Production start: Expected 2013; Partners: Shaikan oil field is located in the Kurdistan Region of Iraq, 60 kilometres north of the regional capital Erbil. The field was discovered by Gulf Keystone Petroleum Operational Average gross production for 2019 of 32,883 barrels of oil per day Gulf Keystone Petroleum Ltd., operator of the Shaikan Field in the Kurdistan 9 Dec 2012 “The field is almost too big.” Oil finds such as Shaikan have made Kurdistan, an autonomous region in the north of Iraq, one of the biggest 11 Dec 2019 This change back to the higher guidance resulted from strong production from the first well drilled in the Shaikan field, which began on Nov. 13. 4 Oct 2015 Gulf Keystone report Shaikan and Sheikh Adi oil fields reserves to on the Shaikan field has evolved from oil-in-place to recoverable reserves 10 Sep 2019 I also expect oil and gas to remain an important part of the energy mix this year, as a result of investment in Shaikan to increase production.
17 Jan 2019 Average gross oil production of 31563 b/d in 2018 is underpinned by strong performance of the Shaikan Jurassic reservoir, and is in line with
The Production Sharing Contract (“PSC”) for the Shaikan block was awarded in Shaikan Field Development Plan; July 2013 - Shaikan commercial production the Shaikan production with domestic sales until crude oil export deliveries to 27 Jan 2020 The Shaikan oil field is located in the Kurdistan Region of Iraq, Plan is split into three phases and targets 85,000 b/d production by 2025. 17 Jan 2019 Average gross oil production of 31563 b/d in 2018 is underpinned by strong performance of the Shaikan Jurassic reservoir, and is in line with 16 Jan 2014 Summary Information. Operator: Gulf Keystone; Country: Iraq; Location: Kurdistan Region of Iraq; Production start: Expected 2013; Partners: Shaikan oil field is located in the Kurdistan Region of Iraq, 60 kilometres north of the regional capital Erbil. The field was discovered by Gulf Keystone Petroleum
The Shaikan Field is one of the largest oil discoveries in the Kurdistan Region of Iraq and has been in production since July 2013. To date, the field has
Gulf Keystone said an updated Competent Person’s Report found that proved and probable reserves at its Shaikan oilfield had increased to 639 million barrels gross from 299 million barrels gross. A string of downgrades to Iraqi Kurdistan's oil reserves is a fresh blow to the autonomous region's fledgling oil industry already crippled by conflict, political strife and low crude prices. The oilfield’s proven reserves have now increased 55 per cent to 306mn barrels from 198mn barrels last March, said the report. Based on the new findings, the Iraqi oil and gas explorer can focus on developing the field at lower costs. The company’s Shaikan oilfield, located in northern Iraq, has the potential to produce 100,000 bopd. An updated report found that proved and probable reserves at Gulf Keystone Petroleum Ltd.’s Shaikan oil field had increased to 639MMbbl gross from 299MMbbl gross, Reuters said. The field was discovered by Gulf Keystone Petroleum (GKP) and MOL’s subsidiary (Kalegran), it is one of the largest fields in Kurdistan with majority of the oil is currently being produced from the Upper Jurassic fractured carbonates. The field is currently producing about 35,000 boepd, with production being fed to two production facilities. Gulf Keystone Petroleum is an independent oil company and the operator of the Shaikan Field, one of the largest developments in the Kurdistan Region of Iraq
The field was discovered by Gulf Keystone Petroleum (GKP) and MOL’s subsidiary (Kalegran), it is one of the largest fields in Kurdistan with majority of the oil is currently being produced from the Upper Jurassic fractured carbonates. The field is currently producing about 35,000 boepd, with production being fed to two production facilities.
Regional operator Gulf Keystone Petroleum has been involved in the discovery of the Shaikan Field, believed to hold between 8 and 13.4 billion barrels in place with appraisal of this giant Oil shale reserves (perhaps 3 trillion barrels (4.8 × 10 11 m 3)) and coal reserves, both of which can be converted to liquid petroleum, are not included in this chart. Other non-conventional liquid fuel sources are similarly excluded from this list. While the Saudis' 266,455 million barrels of proven oil reserves are marginally smaller than those of Venezuela, all of Saudi's oil is in conventionally accessible oil wells within large oil fields. Moreover, Saudi Arabia's reserves are considered to comprise a fifth of the entire globe's conventional reserves.
Gulf Keystone put recoverable reserves at 639 million barrels of oil, up from their original estimate of 299 million barrels of oil. The Shaikan field has produced more than 15 million barrels, and has a daily output of about 40,000 barrels of oil.
Shaikan Oil Field's Reserves More Than Double. Erin. Pedigo. Hart Energy. Reuters. Thu, 10/01/2015 - 11:23 AM. Gulf Keystone Petroleum Ltd said an independent report found that reserves at a key oilfield in Iraqi Kurdistan were more than double the previous estimate, potentially helping the oil producer develop the field at lower costs. The Shaikan oil field has a production capacity of 40,000 barrels per day (6,400 m 3 /d). On 24 June 2018, Gulf Keystone Petroleum said it had agreed with the Kurdistan Region of Iraq and Hungary's MOL to increase oil production capacity to 55,000 barrels per day (8,700 m 3 /d) in the following years. (1)The Atrush Field contains crude oil of variable density even within a single reservoir unit and as such the actual split between Light/Medium Oil and Heavy Oil is uncertain. [41] (2)Shamaran gross reserves are based on the Shamaran’s 20.1 percent working interest share of the property gross reserves. Gulf Keystone put recoverable reserves at 639 million barrels of oil, up from their original estimate of 299 million barrels of oil. The Shaikan field has produced more than 15 million barrels, and has a daily output of about 40,000 barrels of oil.
Gulf Keystone said an updated Competent Person’s Report found that proved and probable reserves at its Shaikan oilfield had increased to 639 million barrels gross from 299 million barrels gross.