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China Consolidates Its Position In The Iraqi Oil Sector
...conclusive. CNPC’s third success is Halfaya, where it is the operator with a 37.5% interest along with Total and Petronas (18.75% each). The field, with proven reserves of 4.94bn barrels, is expected to reach a plateau of 535,000 b/d in 2017 sustainable for 13 years. First phase development to a capacity of 10...
Volume: 56Issue: 48Published at Fri, 29 Nov 2013 -
Gulf Producers Face Increased Competition In Asia Condensate Markets
...e gap. East of Suez Segregated Condensate Supply Outlook - Base Case (MN B/D) 2012 2013 2014 2015 2016 2017 2018 20...
Volume: 56Issue: 47Published at Fri, 22 Nov 2013 -
Implications Of The IEA’s Iraq Energy Outlook
...e Booz study the ‘High’ scenario of around 13.5mn b/d by 2017 is based on concluded contracts; while a ‘Medium’ scenario gives 9mn b/d 2020-21; and a ‘Low’ scenario suggests 6mn b/d by 2025. In a keynote speech delivered early October, Thamir Ghadhban, the Head of the Iraqi Prime Mi...
Volume: 55Issue: 49Published at Fri, 30 Nov 2012 -
Iraq And The Security Of Energy Supplies For Europe
...d-2009 to a plateau of about 11.7mn b/d sustainable for the six consecutive years of 2017-22 and generating a substantive influx (trillions of dollars) of oil export revenues for a duration of 20 years. There will also be 820mn cfd from the three gas fields mentioned above and significant associated gas, es...
Volume: 53Issue: 48Published at Mon, 29 Nov 2010 -
Iraq’s Technical Service Contracts – A Good Deal For Iraq?
...fer for the West Qurna 1 project (southern half of the West Qurna field) combined a Remuneration Fee per Barrel (RFB) of $1.90/B with a seven-year plateau production rate of 2.325mn b/d to be reached by 2017. Capital and operating costs were set at $25bn each over the life of the TSC (20 years ex...
Volume: 52Issue: 47Published at Mon, 23 Nov 2009 -
The Rush For Oil: Iraq’s Oil Capacity Potential And Regional Geopolitics
...oduction increments would come from the improved production rates in the producing field and the first commercial production in the green fields in 2011 and considerable capacity additions would be achieved by 2013. However, by 2016 and 2017 all fields will be hitting their production plateau target. The th...
Volume: 52Issue: 45Published at Mon, 09 Nov 2009