Genel has low-cost production from four fields in the Kurdistan Region of Iraq – Taq Taq, Sarta, Tawke, and Peshkabir, the latter two both contained in the Tawke PSC. 

As at 31 December 2022, Genel had estimated net proven and probable (2P) reserves of 92 MMbbls.

Our low-cost, rapid return assets in the Kurdistan Region of Iraq produced 30,150 bopd in 2022, with production costs among the lowest in the world. Our producing assets are low-cost and low-carbon, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price.