Iraq has given final approval to the Akkas gas field development project in the Western Desert in Anbar Province near the border with eastern Syria.
Korea Gas Corp. will submit a development plan within 6 months for the field, estimated to contain 5.68 tscf of initial gas in place (OGJ, Oct. 3, 2011, p. 86). Development work may not begin for a year or more, press reports said.
Kogas has 75% interest in Akkas, and Iraq’s state North Oil Co. has 25%. Early exploratory drilling in the area dates to the early 1990s.
About the Author
Alan Petzet
Chief Editor Exploration
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
