Asset Report
Iraq Widyan - North Arabian Gulf exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Exploration in the Widyan - North Arabian Gulf Basin has provided several super-giant oil discoveries, trapped in compression related structures associated with the convergence of the Arabian and Iranian plates. Despite the huge hydrocarbon potential of the region, exploration and production has been limited by a series of above-ground issues including the July 1958 revolution; nationalisation of Iraq's industry in 1975; UN sanctions from 1990 to 2003 in response to the first Gulf War; and more recently, anti-government protests in 2019, which has resulted in political gridlock.
Table of contents
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Summary of commercial outlook
- Advantages:
- Challenges:
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Wells drilled
- Play inputs
- Creaming curve and key play data
- Cretaceous
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Prospective resource costs and underlying development assumptions
- Prospect economics - Cretaceous
- Full-cycle basin economics
- Licensing
- Fiscal terms
- Oil and gas prices
Tables and charts
This report includes the following images and tables:
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Exploration history mapDrilling activity by well typeDiscoveries and success rates
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All discoveries (2012-2021)Cretaceous ExplorationSummary of discovery and development costsExploration wells by playKey play characteristicsCretaceous creaming curveProspective resource summaryUnit value of potential discoveriesBreakeven price of exploration
- 4 more item(s)...
What's included
This report contains:
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