Bai Hassan oil field

The Bai Hassan field lies in the northern province of Dibis, just south-west of the Kirkuk field. The field lies within a tract of disputed territory that is claimed by both the central government and Kurdish regional authorities. The field is operated by Iraq's state-owned North Oil Company (NOC).

Security concerns were raised in June 2012 when seven bombs were discovered at the field, including two that exploded beneath pipelines at the site, although production output was not disrupted.

Contract Negotiations
On the 2 July 2009 the Petroleum Contracts and Licensing Directorate of the Ministry of Oil announced that, despite several bids from international oil companies (IOCs) for the Bai Hassan contract area, the country decided not to award an international contract for the field. A bid was proposed by a consortium of ConocoPhillips, CNOOC and Sinochem, however the remuneration fee bid of $26.70 was well in excess of the minimum established by the Ministry of Oil. According to a leaked US diplomatic cable, Conoco's bid was by far the highest fee requested in the bid round and though they were the sole bidders, they refused to reduce their offer to the maximum $4 fee and walked away with no award.

Production and Export
According to comments made by Manaa al-Obeidi, Director General of North Oil Company (NOC) in 2009, production at Bai Hassan increased from 150,000 barrels per day (bpd) in mid-2008 to 175,000 bpd in 2009 following a water injection project and the drilling of three new wells. It was reported in 2011 that the NOC expected to increase production to 240,000 bpd.

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