Sectors

Oil and gas: Our daily production reached approximately 50,000 barrels of oil per day at the end of 2019.

Oil and Gas

Operations

The Atrush block is a crude oil development with ten producing wells, an on-block central processing facility and a temporary early production facility located at one of the drilling pads. Crude oil production from the block is transported to the boundary where the export crude enters the Kurdistan Export Pipeline network and is sold to the Kurdistan Regional Government. Production commenced and crude oil was first exported for sale in July 2017. Initially planned as a 30,000 barrels of oil equivalent per day (boepd) development,...

Governance

TAQA holds a 47.4% working interest in the Atrush Block, with the Kurdistan Regional Government (25%) and General Exploration Partners, Inc. (27.6%) holding the remaining interests through participation in a production-sharing contract (PSC).

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