Genel Energy PLC has announced last week that they have re-evaluated the resource estimate for both Bina Bawi and Miran West gas fields in Iraqi Kurdistan.
Their estimations have increased to 14, 792 billion cubic from 10,160 billion standard cubic feet.
Estimates for Miran West nearly doubled with the revised estimate up to 6,562 from 3,688. For Bina Bawi, it rose to 8,230 billion standard cubic feet from 6,472 cubic feet.
Upstream field development plans for the fields are undergoing completion. Source: Genel Energy