Taq Taq gross 2P reserves at YE17 are reported to be 54.7 mmbbl (28 February 2017: 59.1 mmbbl) with the difference being production, partly offset by a small upward technical revision. Bina Bawi gross 2C light (c.45◦ API) oil resources at YE17 were 37.1 mmbbl (July 2013: 13 mmbbl). The increase reflects higher recovery factors than implied by analogue carbonate fields of similar oil quality. Miran West gross 2C heavy (c.15◦ API) oil resources at YE17 were 23.7 mmbbl (April 2013: 52 mmbbl). Vo
14 Feb 2018
FLASH: Oil reserves and resources update in Kurdistan
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FLASH: Oil reserves and resources update in Kurdistan
Genel Energy PLC (GENL:LON) | 84.1 0 0.0% | Mkt Cap: 235.0m
- Published:
14 Feb 2018 -
Author:
Stephane Foucaud -
Pages:
2
Taq Taq gross 2P reserves at YE17 are reported to be 54.7 mmbbl (28 February 2017: 59.1 mmbbl) with the difference being production, partly offset by a small upward technical revision. Bina Bawi gross 2C light (c.45◦ API) oil resources at YE17 were 37.1 mmbbl (July 2013: 13 mmbbl). The increase reflects higher recovery factors than implied by analogue carbonate fields of similar oil quality. Miran West gross 2C heavy (c.15◦ API) oil resources at YE17 were 23.7 mmbbl (April 2013: 52 mmbbl). Vo