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.

Gross production at Taq Taq averaged 4,490 bopd in 2022, following the ongoing suspension of drilling activity. Activity in 2023 is expected to include one sidetrack well targeting the Upper Shiranish formation.