• 504 MMboe  

    gross 2P reserves

  • 123,940

    bopd gross PSC production in 2019


The Tawke PSC produced an average of 123,940 bopd in 2019, with production from Peshkabir contributing 55,190 bopd to this figure.

Production from the Tawke PSC benefits from the Receivable Settlement Agreement, and these increases bolster our already significant free cash flow generation. 

Progress is being made on the Peshkabir-to-Tawke gas project, the first ever enhanced oil recovery project in Kurdistan, and the operator expects this to complete in March 2020.

Tawke cumulative production reached 268 MMbbls as at the end of H1 2019.

  Reserves (MMbbls) Working interest reserves (MMbbls)
Total 2P 504 126