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According to the latest report of the Turkish company "Genel Energy", in all the oil fields in the Kurdistan Region in which the company has a share, the level of oil production decreased in the first half of 2022 compared to the first half of 2021;

# Daily oil production from the Tawke field decreased by 4.2%.

# Daily oil production in Taq Taq field (33.8%) decreased.

# Daily oil production from the Sarta field (31.6%) fell.

# The Qara Dagh field, which the Turkish company owns 40% of the shares, has not yet reached to the production level.

Genel Energy in the Kurdistan Regional Government oil fields

The Kurdistan Regional Government (KRG) has contracts with Turkish company Genel Energy for each of the fields (Tauke, Taq Taq, Sarta and Qara Dagh). According to the latest report of Genel Energy for the first half of 2022, the total daily production of the three fields (Tawke, Taq Taq and Sarta) declined, so that in the first half of this year, the average daily production was (116 thousand 930) barrels of crude oil. While the average production of the three fields in the first half of 2021 was 124,710 barrels per day.

Accordingly, the daily production level of the fields (Tauke, Taq Taq and Sarta) in the first half of 2022 compared to the first half of 2021, the amount of (7 thousand 780) barrels of oil per day decreased by (6.7%)

The details of each farm separately, the information is as follows;

First; Tawke Farm

Norway's DNO and Turkey's Genel Energy are shareholders in the Tawki field. DNO owns 75% of the shares and Genel Energy owns 25%. The Tauke contract area is located in Duhok province.

According to the latest report of Genel Energy, the average daily production of the Tawke field in the first half of 2022 was (106 thousand 700) barrels per day.

The share of "Gennel Energy" during the period was (26 thousand 680) barrels per day as it owns (25%) of the shares.

According to the report, the production of the contract area in the first half of 2021 was (111 thousand 140) barrels per day, the company's share was (27 thousand 780) barrels per day.

Accordingly, the overall daily production level of the contract area in the first half of 2022 compared to the first half of 2021, the amount of (4 thousand 440) barrels of oil per day decreased by (4.2%)

Second; Taq Taq oil field

The field is located in Taq Taq area of Koya district, ​​951 square kilometers. The shares of the field are divided between Adax Petroleum (36%), Turkish Genel Energy (44%) and (KIPCO) has (20%) of the shares.

According to the latest report of Genel Energy, the average daily production of the Taq Taq field in the first half of 2022 was 4,850 barrels per day.

The Genel Energy's share in the field in the first half of 2022 was 2,130 barrels per day, as it owns 44% of the shares.

According to the report, the production of the contract area in the first half of 2021 was (6,490) barrels per day, so the company's share was (2,860) barrels per day.

Accordingly, the overall daily production level of the contract area in the first half of 2022 compared to the first half of 2021, the amount of (1,640) barrels per day of oil decreased by (33.8%)

Third; Sarta oil field

The Sarta field is located in Erbil province. The US company Chevron has a 50% of its shares, Genel Energy has a 30% and the Kurdistan Regional Government (KRG) has a 20% of its shares.

According to the latest report of Genel Energy, the average daily production of the Sarta field in the first half of 2022 was 5,380 barrels per day.

The Genel Energy's share in the field in the first half of 2022 was 1,610 barrels per day, as it owns 30% of the shares.

According to the report, the production of the contract area in the first half of 2021 was 7,800 barrels per day, the company's share was 2,120 barrels per day.

Accordingly, the level of daily production in the contract area in the first half of 2022 compared to the first half of 2021, the amount of (1,700) barrels per day of oil decreased by (31.6%)

Fourth; Qara Dagh oil field

It is located in Sulaimani province in Qara Dagh district, east of Sagrma Mountain and west of Sirwan River to Derbandikhan. The area of ​​this block is (846) square kilometers. Previously, 80% of the shares were given to Exxon Mobile and 20% remained to the Kurdistan Regional Government (KRG). However, after the withdrawal of the US company (40%) of the shares were sold to the Turkish company "Genel Energy" However, the field has not yet reached to the production level and the Turkish company continues to work in it.