Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.

Field 40

Field Oil Exploration and Production Gas 40

CG&A

APRIL 17, 2022

Introduction Drilling locations come with an expiration date once booked in a reserve report. For public filers and/or aspiring private companies heading towards IPO, this means that all drilling locations expire in 5 years from date of first booking, unless production starts. Fact or fiction?

Consulting 52

Consulting BCF Engineering Engineer 52

CG&A

JUNE 2, 2022

Without any other data, it would be difficult to book the volumes above the well completion as oil (Fig 1 – Updip Volume A).Of Of course, those volumes can be booked as gas based on the physics of fluid densities, but oil is preferred.It Proceed at your own risk! Reg S-X 210.4-10 10 (a)(22)(ii)).To Reg S-X 210.4-10

Oil 52

Oil Associated Gas Gas Completion 52

Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

Energy 130

Energy Energy Exploration and Production Crude Oil 130