Oil and Gas Fields: Qayara

NameQayara, also known as Qayarah, Qayyara.

Controlled by: Ministry of Oil (Baghdad).

Location: Nineveh

Discovery: 1927

Reserves: 800 million barrels of oil

Quality: Very heavy and sour (15°API).

Developed by: Angola’s Sonangol had been granted the contract (75%), with South Oil Company (25%), in 2010 at a price of $6.00 per barrel, but Sonangol pulled out in 2014 due to security problems. As of April 2015, Qayara was reported to be the only functioning oilfield under the control of the Islamic State (IS, ISIS, ISIL).

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A full list of oil and gas fields controlled by the Ministry of Oil in Baghdad can be found here.