Iraq's Ahdab oil field development limits contractor profitability

08/01/2011
Editor’s note: This article contains material for which attribution is insufficient from Wood Mackenzie’s Ahdab Asset Analysis published by Wood Mackenzie Upstream Service in April 2010. Muhammed Abed Mazeel RWE Dea Hamburg, Germany An economic analysis for the development of Ahdab field in Iraq under a technical service contract shows that the economic return to the contractor is modest in comparison with other types of contracts used in the oil industry. But the field has potential for greater returns if uses for the associated gas can be found and oil does not have to be burned to generate electricity. Ahdab oil field Ahdab oil field is in a 303 sq km block in Iraq's Wasit province,...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected