IRAQ

 

Gulf Keystone Expects Oil-In-Place Boost At Iraq’s Shaikan Field

 

UK independent Gulf Keystone Petroleum expects this month to revise upwards its oil-in-place estimates at Shaikan oil field in the Kurdistan Regional Government (KRG) area of northern Iraq. The oil-in-place estimate with 90% probability of accuracy (P90) was revised up in November to 8bn barrels, from 4.9bn barrels. P50 went to 10.5bn barrels from 7.5bn barrels. However,...