Gross 2P reserves
bopd gross production in 2019
The Taq Taq licence area is located 60 km northeast of the Kirkuk oil field and the adjacent city of Kirkuk, 85 km southeast of the city of Erbil and 120 km northwest of the city of Sulaimaniah. The gross area of the Taq Taq licence area is approximately 951 square km.
The Taq Taq field has been producing since 2006.
Production at Taq Taq averaged 11,260 bopd in H1 2020, in line with expectations given the activity plan. As has been the case for some time, activity at Taq Taq is focused on maximising cash generation and, given the oil price, the TT-35 well, which completed in April, was the only well in the 2020 drilling programme. This well initially added c.600 bopd to production, but is no longer producing, following a mechanical issue.
Activity at the field will remain appropriate for the external environment and aligned with our capital allocation priorities, and it is not expected that there will be any further drilling activity in 2020.