Name: Akkas, also known as Salah Al Dine
Controlled by: Ministry of Oil (Baghdad).
Location: Anbar province, 30 km south of Al Qaim city on the Syrian border
Reserves: Estimated Gas in Place 5.6 tcf
Size: 30km long and 12km wide
Developed by: Kogas (75%), North Oil Company (25%). Originally awarded to a consortium of Kogas and KazMunaiGas (KMG), but KMG pulled out, leaving Kogas as sole investor and operator on new contract terms. Kogas is believed to be planning to sell 49% of its interest in the field.
Contract granted: Third licensing round (October 2011).
Remuneration: $5.50 for each boe produced
Plateau production target: 400 MMscf per day within seven years and holding that output for 13 years
For latest news on the project please click here.
A full list of oil and gas fields controlled by the Ministry of Oil in Baghdad can be found here.