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Proved Reserves Beyond Low (LKO) and High (HKO) Known Oil

CG&A

Thus, the requirements are like the downdip limit in order to estimate that the updip volume also contains oil, rather than an associated gas cap. Without any other data, it would be difficult to book the volumes above the well completion as oil (Fig 1 – Updip Volume A).Of Are gas caps common or not common?

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

Upon endorsement by the Iraqi Council of Ministers, BP will work with the government to establish a new operator-an unincorporated organisation comprising primarily personnel from the North Oil Company and North Gas Company (NGC) , with BP secondees. It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.

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