The Taq Taq licence area is located 60 km northeast of the Kirkuk oil field and the adjacent city of Kirkuk, 85 km southeast of the city of Erbil and 120 km northwest of the city of Sulaimaniah. The gross area of the Taq Taq licence area is approximately 951 square km.

The Taq Taq field has been producing since 2008, and the field has now produced over 225 MMbbls of oil.

Prior to the closure of the Iraq-Türkiye pipeline, production from Taq Taq in 2023 was in line with expectations, having averaged 3,610 bopd in Q1. There has been no production since 20 May 2023, following closure of the export pipeline.